Assessing frameworks for eliciting privacy & security requirements from laws and regulations

The processing of personal data has become a prominent concern for stakeholders when selecting software or service providers to serve their needs. Different laws and legislation have been introduced standardize strengthen protection policies across different countries protect such data. Therefore, businesses organizations responsible managing are obligated implement the privacy security requirements established by these legislation. methods tools provided eliciting legally compliant based on relevant However, little done in assessing methodologies regulations outside EU US. This paper aims assess other information beyond General Data Protection Regulation (GDPR) Health Insurance Portability Accountability Act (HIPAA) explicitly focusing Nigerian regulation. To investigate applicability methodologies, we use extracted with communication protocols verifying compliance procedural practices products services financial technology sector. analysis reports completeness, consistency, utility frameworks. Finally, foundational research directions interoperable standards from legal texts proposed.