Ethics

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School

Southern New Hampshire University *

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Course

201

Subject

Philosophy

Date

Apr 3, 2024

Type

docx

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Uploaded by BaronRam16170

Ethics, as defined by Oxford dictionary is moral principles that govern a persons behavior or the conducting of an activity. Ethics oversees the . Ethics investigates what is morally right or wrong, just or unjust, and looks at the rational basis for our moral judgments. Its goal is to safeguard the interests of all parties involved, including suppliers, consumers, workers, and the communities where firms are located. Taking care of the environment, implementing humane hiring procedures, and participating in charitable activities are a few examples of CSR. The term "corporate social responsibility," or "CSR," describes the requirement that companies behave responsibly. CSR entails going above and above what is required by law to safeguard the environment and advance social welfare. It is generally acknowledged as a requirement of contemporary business. CSR is more than just making money for stockholders. Its goal is to safeguard the interests of all parties involved, including suppliers, consumers, workers, and the communities where firms are located. Taking care of the environment, implementing humane hiring procedures, and participating in charitable activities are a few examples of CSR.

Some claim that businesses have no obligations to society other than to maximize profits while abiding by the law. However, proponents of corporate social responsibility contend that businesses ought to aim higher than just making profits. In this situation our clients trust was not only violated without their knowledge, but their personal information was taken. And to follow, not only were the owners and operators of the business not informed, but the IT guy was discussing this issue with store front employees in the break room. We must notify our customers that this has happened since all 50 states have security breach reporting laws requiring governments or businesses to notify citizens or consumers if their personal information is compromised. If you don't, the Information Commissioner's Office (ICO) may launch an inquiry and impose severe fines and penalties. You may also lose the trust of your customers, if they were to find out their information was compromised and you knew about it. What do we do now? These steps need to be takes to ensure the safety of our data and the happiness of our customers. First of all, secure the breach. Contact a lawyer to ensure you are taking all the right steps legally. Consider a new service provider for security and firewalls. And finally, it is time to inform your customers that there has been a data breach.

While we were lucky it was only phone numbers and names taken, someone with deep knowledge of hacking can do a lot with that information so these steps need to be expedited in a timely order. And these things do happen, however it is time to look into more advanced or upgraded technology security because this is not a minor incident. My last and final recommendation is to also look into your IT guy. This was a pretty important incident, not to be reported further up into the company. And if he was not going to tell you about this, how much smaller stuff has he covered up because he did not think it was that big of a deal? Small businesses rely on a lot of trust, especially when they are only a handful of employees. Everyone has to communicate, and work as a team. Businesses need to make sure they are up to date on all applicable rules and regulations in order to avoid legal repercussions. Technological improvements for organizations not only have legal ramifications, but also ethical ones. When technology is utilized carelessly, it can raise moral concerns regarding the monitoring of personnel and the collection of customer data. Customers' and employees' privacy must be respected, and companies must use the data they gather in an ethical and responsible way.

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Let's examine a hypothetical situation where employee Steve finds a weakness in the company's data security to show how the utilitarian approach could be applied in an ethical quandary. If Steve decides to overlook the vulnerability, the business may suffer serious financial and reputational consequences if the hack is eventually found. Conversely, if Steve discloses the breach, the clients may be displeased, but the business would be spared potential damage to its clientele and standing. Based on the Utilitarian Approach, Steve would weigh the effects of each choice. He would probably come to the conclusion that disclosing the data breach would have the most positive overall effects and cause the least amount of harm, even with the temporary inconvenience. https://www.ftc.gov/business-guidance/resources/data-breach-response-guide-business https://www.oed.com/search/dictionary/?scope=Entries&q=Ethics Dori, Y., Leslie, J., Kane, C. 2024, https://www.insideprivacy.com/technology/the-fcc-expands-scope-of-data-breach- notification-rules/#:~:text=Covered%20entities%20must%20still%2C%20at,and%20the%20types%20of%20data

Ethics

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