4 banks, others fined N400m for data breach violations The Nigeria Data Protection Commission (NDPC) has said more than 1000 financial institutions, schools, insurance companies, and consultancy firms are currently undergoing investigations for various degrees of breaches of citizens’ data. This was as the commission’s National Commissioner, Vincent Olatunji, revealed that four major banks and three other institutions have faced sanctions and incurred fines totalling N400m for infractions related to breaches of citizens’ data. Olatunji revealed this on Tuesday during an interactive session with journalists to mark the first anniversary of President...