Equifax data breach
Part 1: Report
The focus for this project should be on the lapse of ethical issues/situation within Equifax which led to the data breach, not the unethical act of the hackers who perpetrated the data breach itself.
You have two options for this Report.
A. You can apply an ethical evaluation of the situation. For this, include in your Report a brief history of the company and what led up to the ethical dilemma, the stakeholders impacted by the violation, the financial impact of the violation and what action could be taken to prevent a repeat of the ethical violation. Also, include legal and/or accounting irregularities which occurred. And finally, the lessons learned as a result of the dilemma.
B. You can apply the ethical decision-making model to the ethical dilemma you identify.
This means you should:
1. Frame the ethical issue
2. Gather all the facts
3. Identify the stakeholders and obligations
4. Identify the relevant accounting ethics standards involved in the situation
5. Identify the operational issues
6. Identify the accounting and auditing issues
7. List all the possible alternatives that you can or cannot do
8. Compare and weigh the alternatives
9. Decide on a course of action; and Reflect on your decision.
Create a 4 – 7, single-spaced deliverable (double space between paragraphs). Use headings based on content and goals for your Report. APA format is required for both in text citations and a works cited list. The title page, executive summary and the works cited page, as well as ‘copy and paste’ material, do not count for the page count.
Part 2: PowerPoint
you will post your PowerPoint presentation (which should be based on your research report) PowerPoint Discussion for Ethics Case. This presentation should include some questions for your classmates to trigger some discussion of the case.
The Power Point presentation should be at least 8 slides, including one slide for the title page and one slide for the works cited. You should also consider including a short video clip in your presentation.
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