All You Should Know About Fintech Cybersecurity
Cybersecurity is the practice of protecting data, computers, servers, mobile devices, software, and all other hardware from malicious attacks. One thing is sure: the most valuable resource in today’s world is data, and it’s a justified fact. One look at the world, and we see an unfathomable evolution—digital transformation. Every industry has begun to embrace […]
GDPR Consent Statement: What It Is and How to Write One
Consent is an important part of human society, particularly the modern one. Whether it’s using a friend’s property or establishing an amorous relationship, “yes” matters a lot. Let’s link this back to data protection. Since it’s implementation, the GDPR places value on consent. This blog post gives answers about consent under the GDPR, what a […]
7 GDPR Compliance Software You Need For 2025
Facts first, Data is important. In fact, it’s a necessary part of every organisation, large or small. In today’s world, almost every nation and industry has established regulations for data protection and security. To prevent landing on the wrong side of such laws, you need to ensure 100% compliance.In this blog, you can expect a brief overview […]
The NDPC Fines Fidelity Bank for Data Breach
On August 21, 2024, NDPC Fines Fidelity Bank. The NDPC (Nigerian Data Protection Commission) issued a huge fine of NGN 555.8 million to Fidelity Bank Plc. Since the commission was established on the 4th of February, 2022, this is one of the few penalties imposed on any organization. The investigation into the data processing activities of the […]
The Importance of Data Security in 2024
Introduction An organization comprises several sectors or departments. And the synchronization of all their activities makes the organization functional. How does the importance of data security come into play?. Data is an important part of every business and organization. It‘s use is versatile and broad. Organizations make use of data to know the pain […]
Data Protection Bill: Know It Guidelines, Objectives and Penalties
In recent times, Nigerian businesses have engaged in a losing battle against data threats of all kinds: phishing attacks, malware, ransomware, etc. As proof, statistics reveal that in 2021, 71% of Nigerian firms were hit by ransomware, and small and medium businesses have it even worse. Additionally, phishing attacks on SMEs grew by 87% in 2022, compared to […]