The Nigeria Data Protection Commission is investigating over 400 complaints it got from users of online lending platforms, The PUNCH has learnt.
Our correspondent was also informed that the commission has been getting regular complaints about unlawful data processing, unauthorised access to personal data and violation of data subjects’ rights.
The newly signed Data Protection Act 2023 places a fine of two per cent of the gross revenue of any company found guilty of data violation. This means that a violating data controller with a turn-over of N200bn yearly may pay as high as N2bn, which represents two percent of the gross revenue.earlier reported that the commission said it would prosecute the Chief Executive Officer of any government agency found guilty of data breaches.
The National Commissioner for the NDPC, Dr Vincent Olatunji, had said that while private organisations could be made to pay a fine for data breaches, asking a government agency to pay a fine is the government fining itself.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
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