PalmPay moves beyond compliance, builds company-wide privacy defence system
PalmPay moves beyond compliance, builds company-wide privacy defence system
Publish Date: 2026-06-27 04:13:00
Source Domain: businessday.ng
Fintech company PalmPay is shifting its data protection strategy beyond regulatory compliance by embedding privacy responsibilities into the daily work of every employee, as cyber threats continue to expose personal information of thousands of Nigerians.
The company has launched an internal Privacy Champions Programme alongside a specialised two-day data protection workshop for employees, a move aimed at strengthening its internal defence against data breaches at a time when Nigeria is witnessing growing cybersecurity challenges.
The initiative comes as new figures from cybersecurity firm Surfshark show that about 281,500 Nigerian user accounts were compromised during the first quarter of 2026, making the country the world’s 34th most breached nation during the period. The statistics underscore growing concerns over how organisations collect, process and safeguard customer information in an increasingly digital economy.
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PalmPay said the workshop, facilitated by the Nigeria Data Protection Commission (NDPC) and Data Protection Compliance Organisation, TechHive Advisory, equipped employees with practical knowledge on privacy governance, responsible data handling, incident awareness and their individual obligations under the Nigeria Data Protection Act (NDPA) 2023.
The fintech company is expanding ownership across every department through its newly established Privacy Champions Programme.
The initiative creates a network of trained employee representatives across different business units who will promote best practices, increase awareness and ensure privacy considerations become part of everyday business decisions.
The approach reflects a growing trend among financial technology firms that increasingly recognise that many security…
