Introduction
In an era where information is the new currency, the evolution
of data protection has become a paramount narrative shaping the
landscape of our digital world.
Given the rapid technological advancement and the exponential
surge in data dependency of companies operating within the
financial services, healthcare and technology ecosystems at the
global stage, there has been a clarion call from stakeholders such
as customers and regulators for data-driven companies to take a
more proactive and systematic approach focusing on data governance,
cybersecurity and information technology architecture, in ensuring
the adequate protection and security of data within their
possession. Furthermore, 2023 witnessed significant development in
the data protection space within Africa and Nigeria with the recent
ratification and coming into force of the African Union Convention
on Cyber Security and Personal Data Protection and the passage into
law of the Nigeria Data
