NDPC fines Fidelity bank N555.8 million for data protection breach

NDPC fines Fidelity bank N555.8 million for data protection breach

Speaking at a validation meeting in Abuja, Honorable Commissioner of NDPC, Vincent Olatunji, disclosed that the bank breached the Nigeria Data Protection Act, 2023, and the Nigeria Data Protection Regulation, 2019, leading to the fine, which represents 0.1% of the bank’s annual gross revenue for 2023. Olatunji emphasized the importance of Data Protection compliance, warning […]