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Home Business Security

Why NDPC is Investigating Optasia

…investigations linked to Credit Scoring Activities

by Staff Writer
September 24, 2024
in Security
0
Dr Vincent Olatunji - Nigeria Data Protection Commission - NDPC speaks on DPCOs
Dr Vincent Olatunji, National Commissioner, Nigeria Data Protection Commission - NDPC

Dr Vincent Olatunji, National Commissioner, Nigeria Data Protection Commission - NDPC

UBA
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NDPC National Commissioner and CEO, Dr. Vincent Olatunji, has ordered a full-scale investigation into the data processing activities of Optasia which operates in Nigeria as Nairtime Nigeria Ltd, Techeconomy can report.

This investigation was triggered by a pattern of suspected non-compliant data processing which was discovered during routine regulatory oversight of data controllers and data processors of major importance, a statement by Babatunde  Bamigboye, head, Legal, Enforcement & Regulations at NDPC, explained.

The statement further reads:

“The Commission notes with grave concern that Optasia deploys privacy invading technologies to process personal data for the purposes of marketing, credit scoring and other financial solutions.

“The investigation of credit scoring activities covers the way financial institutions, telecommunication companies, insurance companies among others process personal data of citizens for various purposes.

“The National Commissioner enjoins data controllers and data processors of major importance who rely on third parties as mediums through which the personal data of the Nigerian populace may be processed to ensure that such third parties are duly registered with the Commission.

“This measure will ensure accountability, strengthen data security architecture and protect Nigeria’s data sovereignty.

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Tags: Nairtime NigeriaNDPCNDPC and OptasiaOptasia
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