Seamfix, an identity management solutions company has emphasised the urgent need for robust identity verification systems to combat Nigeria’s spiralling identity theft crisis.
Mr Chimezie Emewulu, Co-Founder and Group Chief Executive Officer, Seamfix, said this in an interview with the News Agency of Nigeria (NAN) on Monday in Lagos.
According to Emewulu, the implications of identity theft are far-reaching, with individuals and businesses equally vulnerable to its devastating consequences.
He said that identity theft could lead to unauthorised access, resulting in financial losses, reputational damage and legal liabilities resulting from data breaches and compromised customer information.
The Seamfix boss noted that these breaches could also come from internal parties such as staff or contractors, either by negligence or malicious actions.
Emewulu said: “Digital identity is crucial…
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