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Question: Business and Society, 15th Edition Discussion Case: How safe is your personal information. 1.What…

by | Nov 30, 2023 | Posted Questions



Business and Society, 15th Edition

Discussion Case: How safe is your personal information.

1.What are the benefits and risks to consumers of using
paperless, electronic systems to pay for products and services both
online and in store? Do the benefits to consumers justify the
risks, or not?

2.Do you think technology will be able to stay ahead of
sophisticated cybercriminal, or not? Why do you think so?

3.Who do you think should be responsible for the costs of
switching to the more secure EMV card? Retailers? Banks? Consumers?
How would different stakeholders answer this question?

4.Why did it take so long for American companies to better
protect their customers’ personal information by turning to the
more secure technology that existed and was used in Europe and Asia
for many years? Should the government have stepped in a mandated
this technology?

5.If you were managing a retail store of chain, what steps would
you take to protect your customers from others accessing their
confidential information? If customer information theft had
occurred, what steps would you take to win back your customers’
trust and loyalty?

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