Mmegi

Data protection as a compliance and risk imperative

Sharing insights: Seleka
Sharing insights: Seleka

In today’s world, information is power. But without protection, it's a liability, writes TAPOLOGO SELEKA*

Not long ago, if you told someone in finance that personal data would one day be as important to protect as capital, they might have raised their eyebrows.

However, today, it is a reality that we all live in. Across financial services and even the investment landscape, entities rely on data to do almost everything; from understanding client needs to making decisions that shape financial futures. Companies collect an enormous amount of data for every client/individual, every onboarding form, and every analytical report.

Editor's Comment
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When the State cannot rely on its own machinery to pursue suspected wrongdoing, repairing that machinery must become a national priority.The establishment of a Special Investigations and Asset Recovery Task Force may help government respond to the immediate challenge. However, Botswana cannot afford to leave the Directorate on Corruption and Economic Crime (DCEC) and the Directorate of Public Prosecutions (DPP) struggling whilst building...

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