Tag Archives: Data breaches

The National Commissioner, Nigeria Data Protection Commission, NDPC, Dr. Vincent Olatunji has disclosed the value of Nigeria’s Data Protection Ecosystem is now worth over N10 billion. Accroding to him, the data protection ecosystem has grown from N6.5 billion naira to over N10 billion naira in 2024. He made this disclosure …

The Nigeria Data Protection Bureau (NDPB) has revealed Nigeria currently had less than 10,000 certified data protection officers, which is insufficient to handle data protection in the country. The commissioner of NDPB, Dr Vincent Olatunji, stated this during a one-day capacity building on data protection and privacy for members of …

By Dr. Nathaniel Atansuyi Bank Verification Number (BVN) is a biometric authentication system that was introduced by the Central Bank of Nigeria (CBN) to help identify and authenticate bank customers. The system is aimed at reducing fraudulent activities in the banking sector by providing a unique identification number for each …

  The Minister of Communications and Digital Economy, Dr Isa Pantami has urged the Nigerian Data Protection Bureau to investigate banks and data-processing firms on data privacy and protection compliance. He said this during a press conference on Saturday in Abuja to kick off National Privacy Week 2023. The minister …

The National Information Technology Development Agency (NITDA) engaged in 17 data breach investigations and issued N15m fines in 2021, a new report has revealed. This was disclosed in the Nigeria Data Protection Regulation Performance Report 2020-2021, which was launched by the Minister of Communications and Digital Economy, Prof Isa Pantami, …

A cyber-attack occurs every 39 seconds, and cybercrimes increased by nearly 300 per cent last year following the COVID-19 outbreak, the Senior Manager, Cyber Risk Services, Deloitte, Ms Funmilola Odumuboni, has said. She said this at the annual conference organised by Central Securities Clearing System Plc, with the theme ‘Cybersecurity: …

Microsoft Chief Executive Officer, Satya Nadella has confirmed a significant milestone for its security business: $10B in revenue in the past 12 months representing more than 40 percent year-over-year growth. The number is inclusive of Microsoft’s security, compliance, identity and management businesses. Building off this revenue milestone, Vasu Jakkal, corporate vice president, SCI shared her insights on how …

A Cybersecurity expert, Mr Ikechukwu Nnamani has said Nigeria’s cybersecurity framework is more robust than others abroad. The Medallion Communications Limited President who made this disclosure during an interview with Business Remarks highlighted that cybercrime is not peculiar to Nigeria alone. In his words, “most companies in the world are …

In its bid to clarify its position on usurping of power from the Nigerian Communications Commission (NCC), National Information Technology Development Agency (NITDA), has insisted that no single regulator in Nigeria has a converged mandate on information and communications technology (ICT). NITDA made this charge while warning interest groups in the …