Individual Rights and Business Organization

Individual Rights and Business Organization

Introduction

With the advances in information and technology, on one hand, a number of advantages have been obtained and a large number of processes have been made easy, and on the other hand, a number of ethical concerns and issues have also been created, posing threat to privacy as well as security of individuals and thus posing a question mark on the face of information technological advancements. The advancements have allowed individuals to operate their business from far away areas, monitor and get access to information that they require and shop around the world while sitting back at home. However, the same technology has also allowed the criminals and trouble creators to access information that is secret and confidential and has also given rise to the technological frauds and wrong doings, thus depriving individuals of their money as well as saving without leaving any trace behind. Thus, the modern technology has made room for modern processes and developments and at the same time, it has also paved way for modern robberies and cyber crimes, which pose the greatest threat to the world of information and technology these days.

Discussion

Information technology, combined with the emergence and developments in the computer technology, have revolutionized the world and have become cause of a number of crimes and concerns. The electronic networks have allowed exchange and transfer of information but have also raised a number of threats regarding the misuse and manipulation of information. A number of ethical dilemmas have emerged due to the way in with information is made available and they are effecting all walks of life, ranging from small businesses to large businesses and personal dealings. Some of these concerns are highlighted below, that are most commonly faced by the majority of users:

Fraud

Fraud is the most common and highly practiced ethical concern in the field of information technology, which is posing the greatest threat to all the IT users. It can be of various types, including financial fraud, online harassment, and sabotage and virus infection. In addition, theft and embezzlement are also included in the category of fraud, as these are used to deprive an individual r an organization from its possessions, either material or intellectual possession. According to an FBI report, 85% of the information technology users have been subjected to some sorts of fraud at one point or another, thus highlighting the high rate of these crimes and the immediate need to cope with them. In order to further clarify the situation, it is eminent to mention here that according to the same report, $265 million are lost in frauds each year, with the small businesses suffering more as compared to large businesses, mainly because of the fact that they cannot bear the high cost of implementing security measures or taking the right measures to avoid any such situation in future. In addition, the small businesses and individuals users are of the view that hackers and other fraud professionals would target large organization, and ...