w2 bis221 memo 
Information Technology and Ethical Issues
Alyssa Coleman
BIS/221
June 8, 2015
Yvette Brobst
Memorandum
To: Yvette Brobst
CC: Classmates
From: Alyssa Coleman
Date: 7/13/2015
Re: Advances in Information Technology Create Ethical Issues
Ethics refers to what is morally good or bad, the division of right and wrong. The increase in ethical issues rises as information technology advances. What is unethical is not necessarily illegal. Therefore, congress is forced to set guidelines protecting consumer’s privacy, accuracy of information, the ownership and value of such information and who has access to it. The Electronic Funds Transfer Act of 1978 and the Health Information Portability and Protection Act of 2006 are just two examples of these types of acts.
Advances in Information Technology Create Ethical Issues
Information technology advances in order to keep up with the demands of the modern world. One such way, is the availability to access money from automated tellers and point of sale terminals. “Congress implemented the Electronic Funds Transfer Act in 1978 to establish the basic rights, liabilities and responsibilities of consumers who use electronic funds services and financial institutions who offer those services.” (FDIC, 2006). This law protects an individual consumer’s privacy by ensuring the financial institution protects the digital data it is storing and that it does not disseminate that information to the wrong individual. The financial institution must ensure it receives and authentic information from the consumer and accurately transfer the information into the computer system. “The ETA also identifies error resolution and limits liability for any unauthorized transactions “(FDIC, 2006).
Summary of Findings
“The Health Information Portability and Protection ACT (HIPPA) was signed in 1996 and included provisions for a national standard for electronic health care.” (CMS, 2013) This law protects the accuracy and privacy
Alyssa Coleman
BIS/221
June 8, 2015
Yvette Brobst
Memorandum
To: Yvette Brobst
CC: Classmates
From: Alyssa Coleman
Date: 7/13/2015
Re: Advances in Information Technology Create Ethical Issues
Ethics refers to what is morally good or bad, the division of right and wrong. The increase in ethical issues rises as information technology advances. What is unethical is not necessarily illegal. Therefore, congress is forced to set guidelines protecting consumer’s privacy, accuracy of information, the ownership and value of such information and who has access to it. The Electronic Funds Transfer Act of 1978 and the Health Information Portability and Protection Act of 2006 are just two examples of these types of acts.
Advances in Information Technology Create Ethical Issues
Information technology advances in order to keep up with the demands of the modern world. One such way, is the availability to access money from automated tellers and point of sale terminals. “Congress implemented the Electronic Funds Transfer Act in 1978 to establish the basic rights, liabilities and responsibilities of consumers who use electronic funds services and financial institutions who offer those services.” (FDIC, 2006). This law protects an individual consumer’s privacy by ensuring the financial institution protects the digital data it is storing and that it does not disseminate that information to the wrong individual. The financial institution must ensure it receives and authentic information from the consumer and accurately transfer the information into the computer system. “The ETA also identifies error resolution and limits liability for any unauthorized transactions “(FDIC, 2006).
Summary of Findings
“The Health Information Portability and Protection ACT (HIPPA) was signed in 1996 and included provisions for a national standard for electronic health care.” (CMS, 2013) This law protects the accuracy and privacy