₦airaland Forum

“We are currently investigating Guarantee Trust Bank, Fidelity, Unity, Zenith banks, Leadway Insurance and Babcock University, among others, for data breach.”

NEWS AGENCY OF NIGERIA


The Nigeria Data Protection Commission (NDPC) says it is investigating three banks, a university and other suspects over alleged data breach.

A data breach is an unauthorised access to confidential information.

The commission listed Zenith, Fidelity, Guarantee Trust Banks, Babcock University, Leadway Insurance, etc., for the interaction.

NDPC national commissioner Vincent Olatunji disclosed this in a statement on Thursday.

Mr Olatunji said the investigation came following complaints from data subjects. He explained that with the new Nigerian Data Protection Act (NDPA), the commission had been empowered with a legal framework to address issues of citizens’ data breaches.

“In the last few weeks, the NDPC has received complaints bordering on unlawful data processing, unauthorised access to personal data and violation of data subjects’ rights,” stated the NDPC chief. “Under Part 10 of the newly signed NDPA 2023, a data controller with a turnover of N200 billion yearly may pay as high as N2 billion, which represents two per cent of the gross revenue.”

He added, “Not only that, offenders also risk up to one-year jail term. We are currently investigating Guarantee Trust Bank, Fidelity, Unity, Zenith banks, Leadway Insurance and Babcock University, among others, for data breach.”

According to him, many micro-finance banks have yet to align their operations with data privacy and protection requirements.

He further revealed that loaning organisations would face the law with the new mandate of the Federal Competition and Consumer Protection Commission.

Mr Olatunji said the mandate required loan organisations to seek compliance and clearance from NDPC before approving online lenders.

“The commission is investigating over 400 complaints in the online lending sector. Soko Loan is already working on a comeback to the digital lending market, but yet to be approved,” said the commissioner.

He, however, said that the commission was engaging in sensitisation exercises to ensure that data controllers understood the implications of a data breach.

According to the national commissioner, the NDPC prioritises awareness more than the scorched earth enforcement process.

(NAN)

https://gazettengr.com/gtbank-zenith-fidelity-unity-bank-under-investigation-for-data-breach-ndpc/

Damnnn niggar
Nice

magoo10:
zenith bank always in the picture for wrong doings.

Zenith bank have been a pain in the ass for more than one year now

Everything about their services is failing
During the naira scarcity imbroglio
It was stanbic bank that got my back
Zenith failed me

The biggest mistake of my life was supporting the evil satan called Buhari. I made enemies with anyone who opposed him. I will forever live with this regret sadly. Now we have a country that is eternally doomed with fraudnubu with no remedy on sight, sadly!

Tinubu is in desperate search for money and won’t mind grounding everything to achieve his aim.

Anyone who was wondering why the data protection bill was one of Tinubu’s first bills, this is the reason.

The data protection is not the interest, the so-called fines on the banks is the target. There might actually be a push to take over these banks in the long haul.

Drug kingpins are mean, inconsiderate and only loyal to the cartel. Make of this what you will but very applicable to today’s Nigeria.

GT ke.. aah!
I am in sefiaa pain oo
Na u I trusted with my NAIRA OO, e be like say I go dey hold body n use TAP TAP or LEMONADE wen set.. before GT sell me out to CLEARING N FOWARDING boys..
Kim Ticket is no 2m .... I no wan dey write CBN abegi

FIDELITY from the Name na INFIDELITY
E no shock me
My friend (kola) that owns that BANK account , I told him the day he gave me the AZA, no wonder u are VERY PROMISCUOUS in nature...

She na only data?

Good,a strange number will call u and start telling everything about you and you'll be wondering how d fvck did a stranger know so much about you

Walhalla....

NDPB is looking for money too....

Tinubu is a Capitalist and Druggie.
Naija people go hear huenn

Make I go transfer my money ASAP.

I don't want wahala

I love that

Ok

zenith bank always in the picture for wrong doings.

Good because this banks the breach data protocols

Nice one 👍

Everything just dey expensive

Online loan companies won't like this

How did this make front page with less than 10 comments?

Noting will still happy

These loan apps that calls people should be dealt with.

Confirm..

When are we going to start hearing good and exciting news from Nigeria?

Why access no dey there

magoo10:
zenith bank always in the picture for wrong doings.

EMEFIELE was there former MD what do you expect

Fv

Ole gbogbo
Senior Yahoos

They too want catch out small

We understand, in Nigeria make use of your opportunities fast as you can before it late

That why one person just enter seat begin to use him chance fast fast because court go say otherwise

So what will be the reward of the complainant Abi na only una go enjoy the settle alone because you can’t jail the bank na money una go collect

What about Access bank which is the den of 419ers...please guys if you meet people online or somewhere and want you to send money to their ACCESS bank please think twice before you send it.

baralatie:
Why access no dey there

gbam

Unity Bank still dey??😂😂

Nice