Ethical Considerations in the Management of Digital Information Security

Abstract

Blockchain Individualized customer information is at the heart of online commerce. Using increasing amounts of customer-specific data enhances the success and value of one-to-one online marketing, but the extensive gathering and use of data specific to individuals also causes alarm over the loss of digital privacy, setting up a confrontation between e-commerce and society. Governments and nations, particularly in Europe, have reacted with a reliance on sweeping laws governing digital privacy protection. In contrast, other nations, such as the U.S., have generally preferred to allow companies and industry associations to regulate themselves. This tenuous balance is under attack from both sides. In this paper, we set up a framework that incorporates the environmental context, ethical perspectives, and firm-specific considerations to help firms develop a strategy for handling digital privacy concerns.