The National Information Technology Development Agency has fined Electronic Settlement Limited the sum of N5m for personal data breach.
This was contained in a statement on Monday titled ‘NITDA sanctions Electronic Settlement Limited for data protection breach…. imposes N5m fine’ and signed by the NITDA Head of Corporate Affairs and External Relations, Hadiza Umar.
She commended the company for actions taken to mitigate the breach and cooperating with NITDA investigation team, adding that it demonstrated its sense of responsibility and duty to protect the data of Nigerians.
According to her, the firm took full responsibility...readmore