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Court Orders N15 Million Damages Against Stanbic IBTC in Landmark Data Privacy Ruling
A Nigerian court has ordered Stanbic IBTC to pay N15 million in damages following a data privacy breach, in a ruling described as a landmark warning for all firms that hold customer data. The judgment is expected to heighten compliance pressure on financial institutions and other data-holding organisations across the country.
1 source
- Stanbic IBTC’s privacy judgment is a warning to every brand holding customer data · nairametrics.com · T2