On regulations, regulators and business

BIG DATA: Steering global governance

Regulations and regulators play a critical role in any community. It can protect citizens and prevent exposures to unwarranted risks. The Nigerian Security and Exchange Commission (SEC) recently reminded Capital Market Operators (CMOS) in Nigeria that only foreign securities registered in Nigeria may be sold or offered for sale or subscription to the Nigerian public. […]

Strengthening information management systems to improve end-to-end transparency

BIG DATA: Steering global governance

Companies are aware that creating a solid information management system such as having the right policies, training staffs and having business structures that manage end-to-end data flow makes them transparent and builds better customer loyalty. Companies have various ways of assessing problems and opportunities that may exist in an ever-changing data-driven economy.   Yet, some […]

The security principle in data protection regulation

BIG DATA: Steering global governance

 There are so many components within the Nigerian Data Protection Regulation (NDPR), and even in the European General Data Protection Regulation (GDPR), that needs consistent unpacking. One component that raises many questions is the security principle.   How can it be achieved, and what needs to be in place?  The security principle is a web. […]

Some thoughts on cookie consent

BIG DATA: Steering global governance

These days, almost every website requires individuals to fill consent form or affirmatively agree to allow the site to place cookies on individuals’ devices. In addition to that, some companies wouldn’t allow you to browse through their website if you don’t allow cookies consent. Some companies believe that once you have a website, have a […]

Big data, ethics & regulation and the future

BIG DATA: Steering global governance

From all indications and numerous researches, businesses will rely heavily on the use of big data. Companies want to know their customers deeply. They want to suggest items to them and serve them better. Enter big data.   Richard Herschel and Virginia Miori, in their paper titled, Ethics and Big Data, argue that the use […]

Need to trigger data protection impact assessment

BIG DATA: Steering global governance

Mark started working with this new fintech company as one of the software developers. He knows how to make products that make customers’ life easy. Now, his new employers want him to manage and produce a product for delivery before the end of the quarter. Excited, Mark gathers his team, and they begin to look […]