Australia’s Commonwealth Bank lost data of 20m accounts Australia’s Commonwealth Bank has admitted losing the bank records of almost 20 million…

Australia’s Commonwealth Bank lost data of 20m accounts

Australia’s Commonwealth Bank has admitted losing the bank records of almost 20 million people.

Names, addresses, account numbers and statements were stored on two magnetic tapes which were meant to be destroyed by a subcontractor in 2016.

But despite not receiving evidence the tapes had actually been destroyed, the bank did not tell customers there was a potential problem.

The breach is the latest scandal involving Australia’s largest lender.

In a filing to the Australian Stock Exchange, the bank said it could not confirm that the tapes containing 15 years of data had been destroyed securely.

But it said “an independent forensic investigation” by accounting firm KPMG had “determined the most likely scenario was the tapes had been disposed of.”

It added “the tapes did not contain passwords, PINs or other data which could be used to enable account fraud”.

And it stressed there had been no evidence that customer information had been compromised, with monitoring mechanisms remaining in place.

Buzzfeed first reported news of the lost tapes, claiming they were supposed to be destroyed by Fuji Xerox after the decommissioning of a data centre.

Source: BBC News – http://www.bbc.com/news/business-43985233

(a) how would identify and describe the P.A.P.A framework for ethical issues relating to the above case( 20 points)

Show more







Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10