4 Key Technology Trends That Increases Ethical Issues - Tech finance Dollar (2024)

The current key technology trends that raises ethical issues in our society is invasive software. The developers of such programs are able to invade the personal computer and gather information about a person. When the information is gathered, the user is never given the chance to refuse the software. If you don’t agree with the use of these programs, then you should know that there are some companies that offer you the chance to not only opt out of the key loggers but you also have the chance to block all of their future software applications.

Another current key technology trend is DDoS attacks: DDoS is a form of cyber attack that is intentional and strategic. An attacker uses a DoS attack to overload a network with traffic so that the server is forced to shut down. There are several techniques that can be used in an attack, most of the time it involves a flood of traffic into a specific area or network. Most often these attacks occur during certain hours of the day. There are also many different methods that can be used including port flooding, security cracking, and proxy attacks.

Another current key technology is Electronic Medical Record Software: This software allows hospitals to keep accurate records of a patient’s medical history. This software also allows doctors and other medical professionals to dole out the appropriate health care services for a person by simply entering the data from one particular system directly into another system.

4 Key Technology Trends That Increases Ethical Issues - Tech finance Dollar (1)

The third type of system: that is becoming increasingly popular among a wide variety of people is Web browsing monitoring. There are a number of companies that sell monitoring software to people who want to keep tabs on what their kids are doing on the internet. This is a controversial topic with some people because they feel that the invasion of privacy is far worse than the invasion of a child’s e-mails. The truth is that you can’t always be sure what your children are doing on the computer. You may not always be able to see what they are doing at all if they do not use an internet service that is available to them.

Another emerging technology: that increases privacy concerns is key loggers. These programs are designed to capture information about what a computer user types into a keypad. The problem with these particular technologies is that many programs use this kind of technology in order to save money on the expenses of maintaining a database that includes all of the passwords of all of the users of a business or other organization. It is important to make sure that you know where any key logger software is installed because it is possible to have viruses that install key loggers without the knowledge of the user.

The four key technology trends: mentioned above have a lot to do with how a business is going to continue to be successful in the 21st century. Changes in the way that people use the internet are occurring every day. You need to be aware of the latest technologies and how each one of them will impact the way you conduct business.

4 Key Technology Trends That Increases Ethical Issues - Tech finance Dollar (2024)

FAQs

What are the key technological trends that heighten ethical concerns? ›

Key technology trends like increasing computer power and data storage capabilities are highlighted as heightening ethical concerns due to their impact on privacy, data analysis, and system dependence.

What are the four key technical trends responsible for current ethical stresses related to information technology? ›

The moral dimensions of the information society: cut across individual, social, and political levels of actions The four key technical trends responsible for current ethical stresses related to information technology are: doubling of computer power every 18 months, declining data storage costs, data analysis advances, ...

What are the ethical issues in Fintech? ›

Accountability and Regulation

To preserve ethical standards in data sharing, fintechs should develop explicit policies and procedures for data processing. Furthermore, they must hold themselves accountable for any data breaches or misuse and cooperate with regulatory organizations.

What is an example of an ethical issue related to technology? ›

Misuse of personal data

With businesses gathering huge amount of our personal data from various internet sites such as shopping sites, social media or any other business platforms, etc., misuse of personal information becomes one of the primary ethical concerns.

What are the five-five ethical issues and considerations? ›

Ethical considerations
  • Informed consent.
  • Voluntary participation.
  • Do no harm.
  • Confidentiality.
  • Anonymity.
  • Only assess relevant components.

What are the four ethical issues of the information age? ›

In effect, they become informa- tion "drop outs" and in the long run will become the source of many social problems. Privacy, accuracy, property and accessibility, these are the four major issues of information ethics for the information age.

What are the 4 main aspects of technology? ›

Its main characteristics include innovation, efficiency, functionality, and the continuous evolution driven by research and development. Technology often aims to enhance human life, streamline processes, and advance various fields.

What are the 4 trends in ICT and give a brief explanation? ›

Key trends in ICT mentioned are convergence of technologies, social media, assistive media, and mobile technologies. Facebook allows users to create free profiles to connect with others online.

What are examples of emerging technologies that could create ethical issues? ›

The five major ethical dilemmas currently faced by emerging technologies are (i) data privacy, (ii) risks associated with Artificial Intelligence, (iii) developing sustainable environments, (iv) health implications due to technology use, and (v) infodemic and data weaponization issues.

What are the four major ethical issues? ›

The most widely known is the one introduced by Beauchamp and Childress. This framework approaches ethical issues in the context of four moral principles: respect for autonomy, beneficence, nonmaleficence, and justice (see table 1).

What is an ethical issue related to finance? ›

In conclusion, ethical issues in accounting and finance are a significant concern for accountants and finance professionals. Confidentiality, independence, professional competence, objectivity, fraud, and professional conduct are some of the ethical issues that accountants and finance professionals face.

What is the biggest challenge in FinTech? ›

5 challenges in fintech for incumbents
  • Data security. There were 1,862 data breaches with an average cost of $4.24 million in 2021. ...
  • Regulatory compliance. ...
  • Lack of tech expertise. ...
  • User retention and user experience. ...
  • Service personalization.

What are the ethical implications of using digital technology? ›

These concerns include consent and privacy, security, inclusion and fairness, protection from online harm, transparency and accountability. Notable examples include the Cambridge Analytica scandal and concerns about racial discrimination in the design of facial recognition algorithms.

What are the ethics of technology? ›

"Ethics of technology" refers to two basic subdivisions: The ethics involved in the development of new technology—whether it is always, never, or contextually right or wrong to invent and implement a technological innovation.

What are the examples of unethical use of information technology? ›

Paraphrasing the ideas of others without documentation. Lifting more than 10 consecutive words from a document without proper acknowledgment. Taking media from the Internet, including images, pictures, music, videos, and so on. Using information that you consider common knowledge without citation.

What are some of the ethical considerations of using this technology? ›

Ethical issues in IT include personal privacy, protection of intellectual property such as copyrights and trade secrets, liability, racial and gender equality, and free speech issues.

Which technological advances will bring us the greatest ethical challenges? ›

Autonomous Technology

Self-driving cars, robotic weapons and drones for service are no longer a thing of the future—they're a thing of the present and they come with ethical dilemmas.

What trends have increased the risk of using information technology in an unethical manner? ›

The growth of the Internet, the ability to store large amounts of information and the reliance on information systems have increased the risk that information technology will be used unethically ( Reynolds 2010 ).

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