The writer is very fast, professional and responded to the review request fast also. Thank you.
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
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.
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 moreEach 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 moreThanks 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 moreYour 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 moreBy 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