compliance

Data Hoarding: The Silent Threat to Your Business’s Future. Are You at Risk?

Data has become an invaluable asset for businesses across all industries. However, with the exponential growth of data, a concerning trend has emerged – data hoarding. Data hoarding refers to the excessive accumulation and retention of information, be it in physical documents or digital archives, without a clear purpose or strategic use. This phenomenon has become increasingly prevalent in businesses, posing significant risks and challenges. In the midst of...

The Terrifying Consequences of Non-Compliance to NDPR in Nigeria

In a significant move towards safeguarding the nation’s data landscape, the Federal Government of Nigeria has issued a crucial directive to all Ministries, Departments, and Agencies (MDAs). Embracing data protection laws is now a top priority, as the government seeks to enhance data security and ensure the privacy of citizens’ information. As MDAs handle vast amounts of sensitive information, ranging from citizens’ personal details to classified government data, data...

From Risks to Rewards: Harnessing Compliance as a Competitive Advantage

In today’s business landscape, regulatory compliance is no longer just a legal obligation; it has become a key factor in gaining a competitive edge. Companies must recognise that compliance goes beyond mitigating risks and avoiding penalties. It can be leveraged as a strategic advantage to enhance customer trust, improve operational efficiency, and drive business growth According to a news article on The Guardian Nigeria, experts are emphasising the importance...

The Top 4 Security Threats to Your Business Documents

In today’s digital age, the security of business documents is of paramount importance. Nigerian businesses, like their global counterparts, face a range of security threats that can compromise the confidentiality, integrity, and availability of their sensitive information. These threats not only pose financial risks but can also damage a company’s reputation and erode customer trust. According to a recent report by the Nigerian Communications Commission (NCC), cyber-attacks have been...