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The Nationwide Commissioner of the Nigeria Information Safety Fee, Dr Vincent Olatunji, has disclosed that the fee has shaped a joint committee with the Central Financial institution of Nigeria to overview the regulation mandating monetary establishments to acquire social media handles, amongst different knowledge, of shoppers.
He disclosed this a two-day sensitisation workshop on Information Privateness and Safety in Abuja on Thursday.
Earlier in June this 12 months, the CBN mandated monetary establishments to acquire the social media handles, e-mail addresses, phone numbers, residential addresses, and extra of their clients.
This shaped a part of its new buyer due diligence laws and is in a bid to additional deepen the identification course of within the banking system.
The apex financial institution disclosed this in its ‘Central Financial institution of Nigeria (Buyer Due Diligence) Laws, 2023’ doc.
The CBN said that its new regulation was created to supply extra buyer due diligence measures for monetary establishments underneath its regulatory purview.
Nonetheless, the NDPC had kicked in opposition to the regulation, describing it as pointless.
Olatunji stated, “When there was a difficulty with CBN asking for CBN handles, we truly went to the CBN and we arrange a joint committee to see the easiest way to resolve this. We informed them that was not obligatory they usually agreed with us.”
Additionally, he stated the fee is participating in rigorous sensitisation on the Nigeria Information Safety Act and capability constructing of Information Safety Officers and Nigerians.
Olatunji decried that the nation requires over 500,000 licensed DPOs as a result of the ability is missing.
The Minister of Communications, Innovation and Digital Economic system, Dr Bosun Tijani, in the course of the occasion, expressed the Federal Authorities’s dedication to the safety of digital platforms to construct the boldness of residents whereas on-line.
Tijani stated the federal government is constructing a construction round regulation of knowledge privateness and safety, which is essential to the journey of the nation in the direction of digitalisation.
“Information privateness isn’t just a matter of comfort, it’s a basic human proper and we must always care concerning the knowledge we generate and what it’s getting used for. As we embrace the digital age, it’s essential that the non-public and delicate info of our residents is maintained underneath the eyes of confidentiality.
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