Fidelity Bank Fined 555 Million Naira for Data Breach by NDPC

The Nigeria Data Protection Commission (NDPC) has fined Fidelity Bank Plc 555 million naira for violating data protection laws. The fine, imposed on Tuesday, follows the bank’s lack of cooperation during investigations into the breach, according to NDPC’s National Commissioner, Dr. Vincent Olatunji. The fine represents 0.1% of Fidelity Bank’s annual gross revenue in 2023, … Read more