
Fidelity Bank Fined N555.8m for Data Breaches
The National Data Protection Commission (NDPC) has imposed a N555.8 million fine on Fidelity Bank for breaching customer data protection regulations. Vincent Olatunji, the commission’s National Commissioner, announced the decision at a workshop in Abuja on Wednesday. Olatunji revealed that the fine, amounting to 0.1% of Fidelity Bank’s 2023 annual gross revenue, is the highest…