yn is working for a bank services company that builds technologies to enable integration of ATM (Automatic Teller Machines) and mobile (phone) banking using apps. The system has been running for five years now. Yesterday, the government banking watchdog approached you to ask some questions about two suspicious transactions on your system that look like criminal money laundering (where criminals put money through banks so that they look like legitimate transactions and then transfer the funds to other accounts, sometimes internationally). You have been told that each unreported transaction (of more than $5,000 deposit or transfer) will result in a fine of $15,000. You have now checked your system and in fact you have identified more than 50,000 similar potentially illegal transactions. Checking the system software, you can see that a line of code where the check is made and a message sent to the banks fraud squad has been commented out. 19; 20, 21 2021 © The Independent Institute of Education (Pty) Ltd 2021 Page 4 of 6 Lyn is an IT systems analyst and a member of the Australian Computer Society (ACS). What should Lyn do? Discuss the ethical and legal issues in this situation when answering this question. Reference specific aspects of the ACS Code of Professional Conduct, a summary of which is provided below, to support your arguments. The Primacy of the Public Interest You will place the interests of the public above those of personal, business or sectional interests. 2. The Enhancement of Quality of Life You will strive to enhance the quality of life of those affected by your work. 3. Honesty You will be honest in your representation of skills, knowledge, services and products. 4. Competence You will work competently and diligently for your stakeholders. 5. Professional Development You will enhance your own professional development, and that of your staff. 6. Professionalism You will enhance the integrity of the ACS and the respect of its members for each other. Q3.1.4 Explain how each of the choices impacts on the company, sales staff and customers. Q.3.1.5 Explain any relevant legal considerations and how they specifically apply in this scenario.
Lyn is working for a bank services company that builds technologies to enable integration of ATM (Automatic Teller Machines) and mobile (phone) banking using apps. The system has been running for five years now. Yesterday, the government banking watchdog approached you to ask some questions about two suspicious transactions on your system that look like criminal money laundering (where criminals put money through banks so that they look like legitimate transactions and then transfer the funds to other accounts, sometimes internationally). You have been told that each unreported transaction (of more than $5,000 deposit or transfer) will result in a fine of $15,000. You have now checked your system and in fact you have identified more than 50,000 similar potentially illegal transactions. Checking the system software, you can see that a line of code where the check is made and a message sent to the banks fraud squad has been commented out. 19; 20, 21 2021 © The Independent Institute of Education (Pty) Ltd 2021 Page 4 of 6 Lyn is an IT systems analyst and a member of the Australian Computer Society (ACS). What should Lyn do? Discuss the ethical and legal issues in this situation when answering this question. Reference specific aspects of the ACS Code of Professional Conduct, a summary of which is provided below, to support your arguments. The Primacy of the Public Interest You will place the interests of the public above those of personal, business or sectional interests. 2. The Enhancement of Quality of Life You will strive to enhance the quality of life of those affected by your work. 3. Honesty You will be honest in your representation of skills, knowledge, services and products. 4. Competence You will work competently and diligently for your stakeholders. 5. Professional Development You will enhance your own professional development, and that of your staff. 6. Professionalism You will enhance the integrity of the ACS and the respect of its members for each other.
Q3.1.4 Explain how each of the choices impacts on the company, sales staff and customers.
Q.3.1.5 Explain any relevant legal considerations and how they specifically apply in this scenario.
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