Digital technologies create major benefits but also new ethical risks: data misuse, cyberattacks, AI bias, and misinformation. Digital-era business ethics focuses on protecting privacy, ensuring security, using AI responsibly, and maintaining trust through transparent and fair practices (concept).
Typical exam asks:
You should be able to:
Data privacy is the right of individuals to control how their personal information is collected, used, stored and shared (concept).
Cybersecurity ethics means protecting systems and data because breaches harm customers and society.
Ethical responsibilities:
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Business ethics refers to implementing appropriate business policies and practices with regard to arguably controversial subjects. Some issues that come up in a discussion of ethics include corporate governance, insider trading, bribery, discrimination, social responsibility, and fiduciary responsibilities.
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Digital technologies create major benefits but also new ethical risks: data misuse, cyberattacks, AI bias, and misinformation. Digital-era business ethics focuses on protecting privacy, ensuring security, using AI responsibly, and maintaining trust through transparent and fair practices (concept).
Typical exam asks:
You should be able to:
Data privacy is the right of individuals to control how their personal information is collected, used, stored and shared (concept).
Cybersecurity ethics means protecting systems and data because breaches harm customers and society.
Ethical responsibilities:
Ethical issues include:
Good practices:
Responsible innovation means developing new products/technologies in a way that is safe, ethical, and beneficial for society (concept).
Approach (simple steps):
Examples you can write in exams:
Governance link: board/audit/risk oversight ensures policies are implemented and monitored (overview).
Identify risk -> Policy (privacy/security/AI) -> Implement controls -> Monitor/audit -> Incident response -> Improve
From this topic
Any three privacy principles (concept):
Write any three points.
AI ethics issues (any three) (concept):
Write any three.
Data privacy is the right to control collection and use of personal information (concept).
Conclusion: Privacy principles protect rights and build trust in digital business (concept).