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Business News of Tuesday, 16 August 2022

Source: www.punchng.com

FG investigates firm, bank for data breach

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The Federal Government, through the Nigeria Data Protection Bureau, has disclosed that it is investigating Philips Consulting and the United Bank for Africa plc for violating the Nigeria Data Protection Regulation.

This is according to a statement issued by the Bureau on Monday.

The statement read in part, “Following complaints of violation of the Nigeria Data Protection Regulation against Philips Consulting and United Bank for Africa PLC, the Nigeria Data Protection Bureau National Commissioner, Dr Vincent Olatunji, has ordered a forensic investigation in line with Article 4 of the NDPR.

“The complaint against Philips Consulting is in connection with the activities of online lending platforms who wilfully breach the privacy of citizens whilst the investigation of UBA PLC pertains to allegations of infringement on the governing principles of data protection.”

The Bureau further warned all data controllers and processors to refrain from all forms of data processing that were detrimental to citizens, the economy, and security of Nigeria.

The Punch had in July disclosed that the Bureau was investigating the role of an unnamed consulting firm for supporting the illegal activities of some online lenders in Nigeria, based on an exclusive interview of the National Commissioner of the bureau.

Earlier in June, the bureau had said it was investigating Wema Bank and KC Gaming Networks, also known as BetNaija, over an alleged data privacy breach.

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