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Secure data destruction essential say BSIA members

The Data Protection Act 1998 is an Act of Parliament which controls how personal information is used by organisations, businesses or the government and is enforced by the Information Commissioner’s Office (ICO). The ICO has been granted a number of powers to enforce the Act including non-criminal enforcement and audit, monetary penalties up to £500,000 and even criminal prosecution. In addition, businesses run the risk of significantly damaging their reputation by failing to comply with the Act.

: THE EDITORIAL TEAM; The BSIA Page; Posted On Wednesday, 10 May 2017 00:00

Nigeria's Whistleblowing Policy: Urgent Case For Whistle Blowers Protection Law

It is certainly a season of mind-boggling cash hauls in Nigeria. Thanks to a Whistle Blower, the Economic and Financial Crimes Commission, EFCC, recently unraveled a staggering $43.4 million (about N14 billion) warehoused inside the infamous ‘’Apartment 7B’’ at Osborne Towers, Ikoyi, Lagos. Prior to the #IkoyiGate cash haul, the EFCC also uncovered bundles of naira notes totaling about N450 Million inside ‘Ghana-must-go’ bags at shop LS64 Legico Plaza, Nigerian Air force Camp, Victoria Island, Lagos State. A whopping $9.8 million (about N3 billion) was also recovered from the former Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mr. Andrew Laah Yakubu, on February 3, 2017; while N250 million was hauled from the popular Balogun Market, also in Lagos. Not forgetting the N49 million cash that was reclaimed by the EFCC at the Kaduna Airport a while ago. The federal government also submits that $151 million (N46 billion) was seized from a fake account in an unnamed commercial bank. All in all the Nigerian government brags that thanks to the whistleblowing policy, at the conservative parallel market rate of N306 to the US dollar, the least value of the humongous cash so far confiscated amounts to N73 billion in the last four months (December 22, 2016 to April 2017). Whistleblowing is undoubtedly the trending buzzword in Nigeria. As a matter of fact, the policy recently led to the discovery of counterfeit and unregistered products worth over N200 million in Ota, Ogun State by the National Agency for Food and Drug Administration and Control (NAFDAC).

: DON OKEREKE, SECURITY EXPERT; Nigeria Watch International; Posted On Tuesday, 09 May 2017 00:00

Banknote Watch offers essential advice as old £5 is withdrawn from circulation

As of today, Friday 5th May 2017, the paper £5 note will be officially withdrawn from circulation and no longer legal tender. While Banks, Building Societies and the Post Office are likely to accept notes after this date, paper £5 notes can also be exchanged at the Bank of England, either in person or by post, for the new polymer note, which was introduced in September 2016.

: THE EDITORIAL TEAM; Industry News; Posted On Tuesday, 09 May 2017 00:00

Prevalent and VASCO experts comment on the OITNB hack

It's widely reported by Variety and other outlets that a third-party to Netflix and major entertainment networks was hacked late last year, and the hacker is threatening to release episodes of unreleased shows, having released some episodes of Orange is The New Black. In response: