NDPC investigates alleged data breaches by Remita, Sterling Bank and others

The Nigerian Data Protection Commission (NDPC) has initiated an investigation into an alleged data breach involving Remita Payment Services Limited, Sterling Bank and other financial institutions.

Head of Legal, Enforcement and Regulation at NDPC, Mr Babatunde Bamgboye. stated this in a statement on Monday in Abuja.

He said notice of the investigation had been served on April 1, in accordance with commission procedures.

According to him, related parties and individuals have provided information to assist in the investigation and resolve the incident.

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He stressed that the investigation aims to ensure that data subjects are protected with appropriate technical and organizational measures.

“The investigation conducted by the NDPC covers, among other things, the types of personal data involved, the nature and scope of the alleged breach, the risks to data subjects, and the mitigation measures taken if a breach is confirmed,” the spokesperson said.

NDPC National Commissioner, Dr. Vincent Olatunji, also said that organizations that implement digital payment systems without adequate safeguards will be under scrutiny.

He added that the measures were mandated under the Nigerian Data Protection Act of 2023 as part of efforts to ensure the integrity of the ecosystem.