Connect with us

E-Business

The Importance of GDPR Compliance for Nigerian Businesses

Published

on

Kindly share this post

By Adebayo Sanni

The deadline for compliance with the General Data Protection Regulation (GDPR) has come and gone.

 

And while it happened without too much fanfare in Nigeria, companies that think they can ignore the legislation and maintain a business as usual approach are in for a rude awakening.

 

Any organisation (irrespective its size, industry or geographic location) that has dealings with a company or people inside the European Union (EU) must adhere to it.

 

Those not willing to do so, face fines of either 20 million euros or four percent of their global revenue.

 

Already, the past few weeks have seen a notable increase in emails from subscription lists mentioning data privacy and how the personal information of subscribers are stored and kept safe.

 

For cloud providers that have customers around the world, this is a significant piece of regulation. However, even a small start-up in downtown Lagos that provides a service to a person living in France must be compliant.

 

While a lot of focus is currently on companies inside the EU, it will only be a matter of time before ‘outside’ businesses and services are reviewed and audited.

 

Of course, the cloud provides many benefits to organisations that are required to be GDPR-compliant.

 

Not only does it provide a more secure platform, but the environment is robust and continuously updated to reflect the latest technology innovations.

 

This results in a smoother migration path when it comes to data security and management with GDPR in mind.

Changing behaviour

At 68 pages with 99 separate areas of focus, it is hardly surprising that many feel intimidated by the GDPR. For those providing cloud or ‘as-a-service’ solutions, there are four key requirements to consider – data security; rights of individuals; documentation and security audits; and data breach notifications.

 

But even before one can delve into the technical aspects of compliancy, the reality is that many Nigerian businesses need to change the way they view and use data. Certainly, the situation is not unique to the country with many others struggling to adapt to a new way of capturing, storing, using, and sharing data.

 

It all starts with consent and whether the user agrees to the kind of data being stored about them and what it will be used for.

 

This forces a re-think in the way data is collected. Companies should carefully review whether the information they collect about their customers are necessary and, if it is, how securely is it stored and protected from external systems.

 

The days of blindly sharing customer data and insights with third parties are a thing of the past. An important aspect of this is to make sure the language used in data collection policies is written in a way that the layperson can understand. So, no more hiding behind legalese or difficult to follow technical concepts.

 

Already, there is a groundswell of support to the mantra ‘your data, your property.’ Nigerian businesses must ensure they keep this in mind.

 

This is also where the critically important ‘right to forget’ component of GDPR comes in. A consumer can delete his or her profile at a business with the personal information needing to be wiped clear. Just consider the impact this will have on social networks.

 

Local guidance

Fortunately, Nigeria has the Digital Rights and Freedom Bill for companies to fall back on. Even though it is still awaiting presidential assent, the bill does provide organisations with guidance on data handling, collection, and use in the country.

 

Furthermore, compliance is not something that is done once and forgotten. Instead, decision-makers need to continually review and assess their data management strategies and policies. The GDPR is an ongoing concern that requires an integrated approach to data.

 

Fundamentally, local companies do not have the luxury of using disparate databases and systems any longer. They must all be integrated, with the data securely stored every step of the process.

 

Even though the deadline of 25 May is long forgotten, companies must review and assess their policies to ensure they do not fall foul of regulators. The cost of not doing so is too severe to ignore.

 

Adebayo Sanni is MD of Oracle Nigeria


Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

Continue Reading
Advertisement
Comments

E-Business

NITDA, NIMC Partner for Seamless Data Exchange Capabilities

Published

on

Kindly share this post

National Information Technology Development Agency (NITDA) and the National Identity Management Commission (NIMC) have announced a collaboration on National Public Key Infrastructure (PKI) and Digital Public Infrastructure (DPI) to enhance synergy between digital identity, payment ecosystems and secure seamless data exchange capabilities for Nigeria.

NITDA, NIMC Partner for Seamless Data Exchange Capabilities

l-r: Kashifu Inuwa, Director General of NITDA, and Bisoye Coker-Odusote,  Director General of NIMC, during the meeting at the NIMC headquarters in Abuja..

NITDA, which made the announcement on its X handle, said that the collaboration was to further strengthen Nigeria’s digital economy in line with President Bola Tinubu’s Renewed Hope Agenda,

During the meeting, Kashifu Inuwa, director general of NITDA, and Bisoye Coker-Odusote, director general of NIMC, with some management staff of both organisations, discussed various initiatives, which include building DPI stacks for a secured and seamless data exchange and forming partnerships to transform the national identity system.

This collaboration also aims to harness the potential of the innovative ecosystem and emphasise the use of public-key infrastructure (PKI) to drive digital transformation in Nigeria.

To ensure a smooth implementation, a 12-man committee was set up.

This committee will play a crucial role in kickstarting and harmonising the initiatives and is expected to deliver a comprehensive implementation report within the next 4 weeks.

 

 


Kindly share this post
Continue Reading

E-Business

Expert Urges FG to Harmonise NIN, BVN to Tackle Crimes

Published

on

Kindly share this post

Noble Ajuonu, head, Sydani Technologies Ltd., has urged the Federal Government to harmonise National Identification Number (NIN) and Bank Verification Number (BVN) to tackle crimes and insecurity in the country.

Expert Urges FG to Harmonise NIN, BVN to Tackle Crimes

Ajuonu made the call at a media roundtable, organised by Sydani Group in Abuja.

The News Agency of Nigeria (NAN) reports that the roundtable focuses on driving sustainability through a comprehensive analysis of Nigeria’s key development areas.

Ajuonu said that Nigeria could overcome its security challenges and pave the way for a safer, more secure future for all Nigerians by embracing technology and implementing practical solutions,

“We need to harmonise data, prioritise seamless integration of databases like NIN, BVN, and security agency records, establish clear protocols for data sharing and access, with robust safeguards against misuse,’’ expert said.

According to him, the unified data pool will empower intelligence gathering and targeted operations.

He also called for investments in smart surveillance, intelligent video analytics software, training of personnel in data analysis, interpretation of data in real-time to combat crimes.

“There is need to implement a legal framework for call interception in criminal investigations, with strict oversight to prevent abuse, encourage community cohesion, training of tech savvy security personnel with tech-enabled tools.’’

Ajuonu also urged the government to address infrastructure deficit in technology, saying that technology was all encompassing to address insecurity.

“According to the National Identity Management Commission (NIMC), as of December 2023, only 104.2 million Nigerians had been enrolled for the National Identity Number (NIN).’’

Ajuonu added that over 122.2 million citizens left uncaptured for NIN were people in rural areas where enrolment centres, digital services were limited.

“Most crimes are being perpetuated from rural communities and this lack of comprehensive identification creates a gap where elements not captured in the national database can constitute public nuisance, crimes.

“There is the inadequacy in the integration of NIN, BVN and Voters Identification Number (VIN).

“Advanced call interception and analysis tools, used successfully in other countries, could provide invaluable insights into criminal networks and operations but infrastructure is lacking,’’ he said.

Also, Mr Godfrey Petgrave, the Agricultural Expert, Sydani Group, called for empowerment of smallholder farmers with access to finance and training to enhance productivity.

According to Petgrave, Nigeria requires policy reform and institutional strengthening to improve agricultural practices and embrace digital agriculture solutions to address food insecurity.

Mr Akolade Jimoh, another expert of the group on health, advocated for expanded community-based health insurance programmes for rural and underserved areas.

Jimoh added that the country needed to encourage Public Private Partnership to revolutionise products design and quality improvement on health services.


Kindly share this post
Continue Reading

E-Business

Konga launches Infinix Brand Week with Incredible Deals

Published

on

Kindly share this post

Konga, Nigeria’s leading composite e-commerce group, is thrilled to announce the launch of amazing deals at its Infinix Brand Week. Infinix, a leading global smartphone brand known for its innovative products and cutting-edge technology promises exclusive discounts and special offers on select smartphones, marking an exciting milestone in the realm of online shopping.

Shoppers can expect nothing short of extraordinary deals on a wide range of Infinix products, all available exclusively on the Konga online platform. With discounts of up to 30% off, this partnership between Konga and Infinix aims to redefine the shopping experience for tech enthusiasts across Nigeria.

Konga Brand Week has become synonymous with excitement and unbeatable deals, and this year’s edition is no exception. In addition to exclusive discounts on Infinix smartphones, shoppers can explore a diverse array of products across various categories, including electronics, fashion, home essentials, and more.

“At Konga, we are dedicated to providing our customers with the best shopping experience possible,” said Rita Ohaedoghasi, VP Marketing at Konga. “The Infinix Week during Konga Brand Week allows us to continue delivering on that promise by offering incredible discounts and special offers on some of the most sought-after smartphones in the market.”

To stay updated on the latest developments and exclusive deals during Konga Brand Week, shoppers are encouraged to connect with Konga across all platforms, including social media and the Konga website. Don’t miss out on this opportunity to score big savings and elevate your tech game with Infinix and Konga.


Kindly share this post
Continue Reading

Trending