Social, Professional and Ethical Issues in Information System Literature review

Social, Professional and Ethical Issues in Information System - books review ExampleThis has surely been possible with the advancement in technology. Furthermore, this need was fulfilled by the web and software IT designers in a much effectual and functional manner, as explained in the book published by the Center for Financial Training. On the contrary, it is necessary to understand if these software and IT systems are in geological fault of any of the honourable laws or legal principles set by the governing authorities, or if these IT systems are strong and protective enough to avoid any shams or theft of the clients information, data, or belongings since it is the technology that leads towards the secruity violations (Center for Financial Training., 2009). Kondabagil, claims that although, online banking has been claimed as the most secured method by the banking sector but it has been facing ups and sight regarding the security and privacy of the clients data and thefts. ... Data Protection Act of 1998 According to the Data Protection Act of 1998, the British Government has provided a detailed list of the provisions that comes under the Act. From Right to Access Personal Data to Code of Practice, Restrictions and Penalties, every topic has been discussed to minimize chances of confusion regarding fraud data usage (Legislation.Gov.UK, 1998). This may help the online banking services and the IT systems that are designed for it. For example, if stricter laws will be applied and handsome penalties and punishments will be given to the criminate then he or she will think twice before violating any law or regulation or conducting any ATM umbrage (Quinn, 2010). Relationship between Privacy and Online Banking There are numerous issues regarding privacy and online banking, which has shown the failure of the IT systems. These issues have given rise to unalike social, professional and ethical problems in the society. In legal terms, these issues have also viola ted many regulations, laws, and principles, which are solely designed as a guideline for online social, professional, and legal ethics. Because of this percentage of e-crime in different countries is increasing enormously. According to The 2013 Identity Fraud Report issued by the Javelin Strategy and Research it was revealed that more than $21 Billion have been stolen through different online fraud cases in banks. Different categories of online banking had been the victim of IT malfunction or ATM theft. It was reported that 5.26% of U.S. adults are affected every year because of this issue. These IT issues vary from social to ethical and legal aspects while talking about