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NIN and BVN of Nigerians offered on-line for less than 100 naira – Paradigm Initiative

The reported incident where National Identification Numbers (NINs) and Bank Verification Numbers (BVNs) of Nigerians were allegedly being offered online for less than 100 naira raises serious concerns about data privacy and cyber security. Here are some key aspects to consider:

  1. Data Privacy Breach: The unauthorized sale or distribution of NINs and BVNs online represents a significant breach of individuals’ privacy rights. Both NINs and BVNs are sensitive personal identifiers that are crucial for accessing services and conducting financial transactions.
  2. Potential Misuse: Such data can be exploited for identity theft, financial fraud, and other malicious activities. Unauthorized access to BVNs can compromise individuals’ bank accounts and financial security.
  3. Regulatory Concerns: This incident highlights the need for robust data protection regulations and enforcement mechanisms in Nigeria. It calls for strict measures to prevent the unauthorized sale or leakage of personal data.
  4. Impact on Trust: The exposure of NINs and BVNs erodes public trust in digital systems and government institutions responsible for data protection. It underscores the importance of secure data handling practices and transparency in data management.
  5. Response and Accountability: Authorities, including regulatory bodies and law enforcement agencies, should investigate such incidents promptly. Perpetrators must be identified and held accountable to prevent future breaches and safeguard individuals’ data.
  6. Public Awareness and Education: Individuals need to be aware of the risks associated with sharing personal information online and take proactive steps to protect their data. Education on cyber security best practices and privacy rights is crucial.

In conclusion, the unauthorized sale of NINs and BVNs online underscores the critical need for stringent cyber security measures, effective regulatory oversight, and public awareness to ensure the protection of personal data in Nigeria’s digital landscape

VIN and BVN of Nigerians offered on-line for less than 100 naira – Paradigm Initiative

Nevertheless,  follow of promoting others’ NIN receipts for N100 is prohibited and violates Nigeria’s knowledge safety legislation. It’s the duty of any verification firm to implement safety measures to stop abuse, however Any Verify refused to take action and NIMC didn’t sanction them.,” he stated.

He additionally expressed his suspicion that there are a lot of such platforms, together with those who could buy such knowledge for resale on the secondary market, a state of affairs he attributed to the NIMC’s irresponsibility.

This can be a state of affairs the place an irresponsible NIMC offers entry, by APIs and different channels, to the information in its custody with out guaranteeing oversight. This additionally depends upon the Nigerian Information Safety Fee (NDPC), as a result of when the  case was reported, they merely slapped NIMC on the wrist.,” he stated.

Paradigm Initiative famous that Any Verify’s actions quantity to privateness violations as unauthorized entry to non-public knowledge is a blatant infringement on the privateness of Nigerian residents.

Additionally they stated the dissemination of such data may result in id theft, monetary fraud and different malicious actions, together with knowledge house owners being focused by thieves, kidnappers or terrorists who buy knowledge that features house addresses.

Damaged submarine cable: NIMC denies data breach as Ghana's NCA says repairs could take five weeksAdditionally they famous that the provision of delicate monetary knowledge on-line can undermine the steadiness of Nigeria’s banking system and erode public belief by fraudulent transactions and id theft. Additionally they stated that the breach of driver’s license data and different private knowledge can compromise nationwide safety. Such data will be exploited by legal parts for unlawful actions, posing a menace to the safety of the nation.

Subsequently, it urges the federal authorities to conduct an intensive investigation to determine these unlawful on-line actions whereas enhancing cyber security measures to stop additional knowledge breaches.

He additionally charged the federal government to implement the Nigerian Information Safety Regulation and compel all authorities businesses involved to reveal official data to the general public on the actions of their brokers and sub-licensee

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