Introduction
Data breaches are now a regular occurrence in the modern
data-driven and digital global economy that the world has now
become. A number of organisations have suffered data breaches in
the course of their operations with differing degrees of
seriousness. These breaches have resulted in the personal
information under the custody of these organisations becoming
compromised and unduly exposed to third parties with malicious
motives, thereby creating potential risks for the affected
individuals. Nigeria, a country with an estimated population of
over 200 million people making it a fertile ground for data
breaches, has also experienced cyber incidences that have affected
both government institutions and corporate entities. Such
cyber-attacks have led to the unauthorised exposure of personal
data under the control of such institutions or corporate
organisations. Surfshark, a cybersecurity firm, reported that data
breach incidences in Nigeria increased by 64% in