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Equifax Data Breach from an Ethical Perspective

 

Complete (CSR) Case Analysis, read “Why the Equifax Breach Stings so Bad”, attached below, and then use an unlocked ethical tool (“consequentialism” or “ethics of care” or “ubuntu”) in order to answer this question:
Who did the Equifax breach harm? How? Why was this harm morally bad?
Then write your case analysis according to these guidelines:

First, in 150–300 words, write an introductory paragraph that presents in summary (only) the details about the case presented by Lieber that are relevant to your argument. End with a thesis statement addressing the prompt, e.g., “In this Case Analysis I will argue that [ethical tool] shows us that the Equifax breach harmed [group of people] by [doing what] and that this [was/was not] morally bad.”

Next, in several paragraphs totaling 500-800 words, (a) explain one or more central concepts from Friedman, (b) use that concept or those concepts to analyze the case, and (c) use your selected ethical tool to assess the actions taken in the case, as understood through your analysis, arguing for what you think was the right thing to have done based on this assessment and analysis. (Note: If you want, you can do Anshen first and Friedman second—you’ll see that the instructions for the next section are identical except for switching the authors.)

Then, in several paragraphs totaling 500-800 words, (a) explain one or more central concepts from Anshen, (b) use that concept or those concepts to analyze the case, and (c) use your selected ethical tool to assess the actions taken in the case, as understood through your analysis, arguing for what you think was the right thing to have done based on this assessment and analysis.

Finally, in 150–300 words, summarize your position and make other concluding remarks. Don’t make your argument here—you should be making your argument using our authors and your tool for ethical reasoning throughout the entire main part of the paper. The conclusion should summarize the argument and then consider objections or alternate views, respond to those objections, consider wider implications or related cases, and/or consider problems in or drawbacks to your position. Don’t try to do all of these different things—do whichever of them you think fits best with your position and argument. Also: Don’t be afraid to recognize problems in your argument! Working through moral issues shouldn’t be about winning arguments; it should be about trying to figure out the best solutions by presenting arguments, admitting problems and concerns, and listening to and responding to the concerns and arguments of others.

 

 

Sample Answer

 

 

Case Analysis: Equifax Data Breach from an Ethical Perspective

In the article “Why the Equifax Breach Stings so Bad” by Lieber, the case of the Equifax data breach is outlined, where sensitive personal information of millions of individuals was compromised due to lax security measures. The breach exposed names, Social Security numbers, birth dates, addresses, and in some cases driver’s license numbers, impacting a vast number of people. In this Case Analysis, I will argue that utilitarianism, a form of consequentialism, shows us that the Equifax breach harmed consumers by failing to protect their data adequately, resulting in financial losses, identity theft, and emotional distress, which was morally reprehensible.

Utilitarianism, as expounded by Friedman, emphasizes maximizing overall happiness or well-being while minimizing harm. In the context of the Equifax breach, the central concept of social responsibility is crucial. Friedman posits that businesses have a responsibility not only to their shareholders but also to society at large. Equifax, as a major player in the credit reporting industry, had a duty to safeguard the sensitive information entrusted to them. However, their failure to implement robust security measures led to a breach with far-reaching consequences.

Analyzing the case through a utilitarian lens reveals that the breach caused significant harm to consumers, financial institutions, and the economy as a whole. Consumers faced financial losses, spent time rectifying issues related to identity theft, and experienced emotional distress due to the violation of their privacy. Financial institutions had to deal with fraudulent activities stemming from the stolen data, leading to increased costs and loss of trust. From an ethical standpoint of utilitarianism, the harm caused by Equifax’s negligence far outweighed any potential benefits they might have gained from cutting corners on security measures.

In conclusion, the Equifax breach serves as a poignant example of the ethical implications of corporate negligence and underscores the need for businesses to prioritize the protection of consumer data. By applying utilitarianism as an ethical tool to assess this case, it becomes evident that the harm inflicted on individuals and society due to the breach was morally reprehensible. Moving forward, it is imperative for companies to uphold their social responsibility by implementing robust security protocols to prevent such breaches and mitigate the potential harm caused by their actions.

 

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