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CEOs of MDAs to be prosecuted for data privacy breaches …NDPC

Data breach ‘ll cost Banks, Telcoms,  Oil Firms up to 2% revenue – NDPC

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The National Commissioner, Nigeria Data Protection Commission, NDPC Dr Vincent Olatunji, has warned that heads of Ministries, Departments and Agencies will henceforth be prosecuted for data privacy breaches perpetrated by their institutions.

The National Commissioner handed down the warning following the signing of the Commission’s Act into law by President Bola Tinubu. 

Olatinji said, “To all intents and purpose, we have crossed a significant threshold in the frontiers of the 4th Industrial Revolution; we are now at the decisive arena where duty of care and standard of care expected of everyone in the data processing ecosystem are laid down in a principal legislation: The Nigeria Data Protection Act (NDPA) 2023.

“It is in the certainty of our law that we can begin to put in place the building blocks of a sustainable Digital Economy.

 

“As you are aware, His Excellency, President Bola Ahmed Tinubu, GCFR, has set an achievable target of creating one million jobs through the Digital Economy sector.

 

“Gladly, to walk the talk, he has signed the data protection law that will inspire trust for jobs to be created. Accordingly measures are being put in place to create 500, 000 jobs data protection ecosystem. This is 50 per cent of the job creation target for the sector.”

 

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