The Nigeria Data Protection Commission has announced that it is looking into nine additional businesses for data breaches.
Dr Vincent Olatunji, the commission's National Commissioner, announced this during a press conference on Tuesday. However, he did not identify the companies but highlighted that it was an insurance company, a school, and a consultancy business.
He said this during a discussion on the commission's independence:
“As pertaining to independence, when you consider section seven of our act, the commission has to be independent.
“Since we started, the commission has not had any course to run to anyone. We have fined three major banks, and they will pay their fines. We are currently investigating about nine major organizations, an insurance firm, a school, and a consulting firm. We don’t work based on political affliction.”
He stated that the NDPC is now collaborating with the Central Bank of Nigeria on the NDPC's social media KYC requirement.
He stated that following the announcement of the regulation, the commission wrote to the apex bank, which also applied.
Olatunji stated that the CBN was now negotiating future actions with the commission even though the CBN has the willpower to wish to safeguard the financial system from data dangers.
“We are working together to address the challenges of this regulation. We are getting results. The financial sector has a huge database.”
According to him, the burden of protecting Nigeria's data was much, but the new Nigeria Data Protection Act 2023 was up to the task.
Olatunji revealed in February that the commission, which was still a bureau at the time, was examining over 110 Nigerian organizations for claims of data breach.
Read more: https://www.investingport.com/niger...nesses-for-data-breaches-dr-vincent-olatunji/