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Businesses are facing new ethical issues in 2021 and one of the big issues are related to cybersecurity. Almost everyone owns a smartphone nowadays.

Businesses are facing new ethical issues in 2021 and one of the big issues are related to cybersecurity. Almost everyone owns a smartphone nowadays. The average person uses roughly 25 applications every month and they tend to have sensitive data store digitally. There are opportunities for the data to be abused by hackers and most large corporations now have cybersecurity plans in place to handle the situations. However, these plans may not be able to completely stop fraud cases related to cybersecurity. You are required to research on one fraud case which took place in Australia or in the U.S. that are related to cybersecurity: You need to (i) discuss the case and the fraud types, (ii) suggest reasons behind their frauds and (iii) provide your views on how the frauds could have been prevented.

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