StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Unethical decisions - Essay Example

Cite this document
Summary
With respect to the growing technological advancement, there has been complimentary rise in theft and fraudulent activities spurred majorly by the same good technology. The rise in fraudulent activities has since centered the world in big problems ranging from job loss to loss…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.1% of users find it useful
Unethical decisions
Read Text Preview

Extract of sample "Unethical decisions"

Unethical decisions With respect to the growing technological advancement, there has been complimentary rise intheft and fraudulent activities spurred majorly by the same good technology. The rise in fraudulent activities has since centered the world in big problems ranging from job loss to loss of large amount of funds. The following paper illustrates particular technological innovations that have faced setbacks occasioned by increased internet and technological fraudulence. The paper will then conduct explicit research on the possible ways of detecting and avoiding cases of fraudulenceThe growing technological advancement has led to integration of the communication all over the world.

Integrated information system has been a great relief to many people as well as organization when it comes to conducting electronic transactions. However, this development has been met and strained by serious unethical practices that have led to great loss of finances and jobs. Unethical practices and decisions made on the information systems have also led to disrepute to many organizations (Collier & Spaul, 1990). The integration of information system witnessed an advantageous introduction of credit cards that have been used to carry transactions involving purchasing and sales of goods and services.

However, this system has since undergone intrusion occasioned by unending frauds (Shortland & Scarf, 2007). Credit cards of certain individuals have been stolen and used in purchase of goods and services by the fraudsters, thus leading loss of colossal amounts of money by the credit card companies. The same problem has been witnessed even with the use of virtual credit cards. Fraudsters have used complex techniques to get to know the secrete information of the credit cards of particular individuals and have been conducting transactions with such cards at the expense of the true holders.

To confront, tackle and curb credit card frauds, Shortland and Scarf (2007) illustrate that various individuals have come with systems to assist achieve the alleviation of these widespread unethical practices. The ideas have included metalearning, and cardwatch among others that uses modifiers and classifiers to mine data and detect frauds in the system. Even though, these technologies have failed to bear desirable fruits as disorganized distribution of data and mixing of the genuine and fraudulent transactions that have complicated the functionality of the systems.

Continuing research on this field has led to invention of the Hidden Markov Model (HMM) that works effectively by detecting frauds through consideration of the spending habits of the card holder (Shortland & Scarf, 2007). The system collaborates with the banks that the card holder uses to pay for goods and services. When any irregularity is detected in the spending pattern then the HMM system alerts the banks that serves the particular client (Shortland & Scarf, 2007). According to Ajah and Inyiama (2011), the field of information system has also faced emergence of fake websites made to resemble an exact websites of big financial institutions that carry large transactions of money.

Fake websites exists in various forms common of which are the spoof and concocted sites. Spoof sites have been made to resemble the eBay, PayPal and many other international banks. The appearance of the spoof sites is designed to hoodwink clients dealing with particular financial institutions and drive them into conducting transaction with such sites. Such acts lead to automatic loss of money. The concocted sites on the other hand are made to resemble the real shipping company, online retailers and investment banks.

The fraudsters operating such sites invite customer to order and pay for goods, which not be delivered to the customers. To avert and avoid the effects of the fake websites, technologists have come up with integrated software systems installed in the client server computers with blacklists of all fake websites. Whenever such websites want to appear on the client server computers, they get blocked and averted from corrupting the system. The popular software that has since been developed to accomplish the tasks includes the Sitehound and Cloudmark among others (Ajah & Inyiama, 2011).

There are also special classifiers that determine the fraud cues present on a particular website and with reference to the available blacklist, blocks any website perceived as threat. Coderre (1999) indicates that there are also certain special computer programs like the CAAT that helps financial auditors detect any element of inappropriate transactions. The CAAT program scrutinizes the salaries paid to particular employees within a certain time frame together with the taxes charged on every transaction to detect any symptoms of misquotation of figures.

Computer assisted fraud detection also involves the use of FCI that assists in detection of frauds present in contracts and purchases (Coderre, 1999). In conclusion, information systems have from time to time attacked and corrupted by certain fraudsters with the intention of steeling and hacking essential data from the victim’s websites. However, the trend of fraud has been decreasing substantially as new technological ideas have been developed to help curb the risks. Even though some mechanisms have not been productive, some have served very to ensure maximum achievement of the missions of eradicating frauds in the information systems.

ReferencesShortland, R., & Scarf, R. (2007). Data mining applications in BT. BT Technology Journal, 25(3-4), 272-277 Ajah, I., & Inyiama, C. (2011). Loan Fraud Detection And IT-Based Combat Strategies. Journal Of Internet Banking & Commerce, 16(2), 1-13.Coderre, D. (1999). Computer-assisted techniques for fraud detection. The CPA Journal, 69(8), 57-59.Crowder, N. (1997). Fraud detection techniques. The Internal Auditor, 54(2), 17-20.Collier, P. A., & Spaul, B. J. (1990). Information systems forensics.

Journal of Information Technology, 5(3), 134-140.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Unethical decisions Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Unethical decisions Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/information-technology/1591670-unethical-decisions
(Unethical Decisions Essay Example | Topics and Well Written Essays - 500 Words)
Unethical Decisions Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/information-technology/1591670-unethical-decisions.
“Unethical Decisions Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/information-technology/1591670-unethical-decisions.
  • Cited: 0 times

CHECK THESE SAMPLES OF Unethical decisions

Ethical Problems in the Case of Killer Robot

also took unethical and autocratic decisions due to which, the co-workers were made to take support of unethical steps in order to safe guard their jobs.... In the case study, “The Case of Killer Robot”, the author, Epstein describes about a robot, Robbie CX 30 that was designed by Silicon… and delivered to Cybernetics....
9 Pages (2250 words) Essay

Organization Improvement Project

Once a successful organization, Enron collapsed as a result of Unethical decisions, dubious business practices and lack of accountability by its leaders (Gutman, 2002).... It is important for every leader to weigh the end results of issues before undertaking themConclusionIn conclusion, The Enron Scandal illustrates what unethical business practices can do to a successful; company....
1 Pages (250 words) Essay

Ethical Decision Making in The Insider

Lastly, the acts of the heads of the tobacco company in giving false testimony to the Congress on the effects of tobacco, the intimidation tactics they applied on Wigand and his family, and the strong-arm techniques they applied to CBS and 60 Minutes are just some of the many Unethical decisions and practices applied by Brown and Williamson.... Specifically, the writer will argue the legitimacy of decisions and practices depicted in the movie in terms of ethics....
1 Pages (250 words) Movie Review

Reflective Journal-Ethics

Following established procedures and adopting a view of the world that is equipped with blinders can lead to Unethical decisions.... Focusing on my own responsibilities, as I understood them helped me to see that one of the greatest challenges in making ethical decisions lies in the ability to recognize when a decision actually needs to be made.... It is easy to say that you faithfully did your job and still act in an unethical manner.... Weighing the impact of a decision on all of the players helped me to identify when I might be open to influence from someone that might lead to an unethical decision....
4 Pages (1000 words) Essay

Ethical Ways and Unethical Decisions on a Case

According to the Professional Ethics Code for Rehabilitation Counselors Ethical ways and Unethical decisions on a case Lecturer: What is the most ethical way to handle this situation?... What are some Unethical decisions one could make in this case?... Ethical dilemmas and decisions in criminal justice (5th ed.... An unethical decision would be to assume that the parolee has already committed a crime by being close to “potential victims....
2 Pages (500 words) Assignment

White Paper: Ethics and Profits

Even if there is competition and the need to make fast cash, he long term effects of Unethical decisions and behavior can cost the company a great fortune.... It is therefore proper that companies should compete effectively without using Unethical decisions or behavior to have competitive advantage.... According to Steve McKinney (2014), the president of McKinney Consulting, companies that make ethical decisions do very well in trust, reliability, and predictability....
2 Pages (500 words) Assignment

Sweatshop Labor

When the guidelines are clear to all subordinates, the employees are unlikely to make Unethical decisions.... However, in case the company leaves the ethical issues to be decided by the supervisors, they are likely to engage in unethical issues which might end up tarnishing the reputation of the company in the market (Esbenshade, 2004).... When the standards are beyond what the employees can achieve, the subordinates are likely to engage in unethical behavior in order to achieve them (Esbenshade, 2004)....
1 Pages (250 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us