Bachelor of General Studies (BGS) Degree Practice Exam

During Equifax's Data Breach, which ethical climate was prevalent?

1. Altruism

2. Utilitarianism

3. Egoism

4. Deontological ethics

The correct answer is: Egoism

In the context of Equifax's Data Breach, the prevalent ethical climate can be interpreted through the lens of egoism. This ethical perspective focuses on self-interest as the primary motivation for actions. In the case of Equifax, the company's decisions and actions prior to and during the data breach can be seen as prioritizing their financial interests, reputation, and operational convenience over the protection of consumers' sensitive personal information. Egoism implies that the organization may have been more concerned with minimizing costs and maximizing profits rather than ensuring the highest level of data security measures to safeguard customer data. Their actions, or lack thereof, particularly with respect to addressing vulnerabilities or responding adequately to the breach, suggest a prioritization of their own benefits over the well-being of their customers. Utilitarianism, in contrast, would focus on making decisions that maximize overall happiness and benefit for the majority, which was not evident in Equifax's response. Altruism emphasizes selfless concern for the well-being of others, a quality not reflected in the company's apparent neglect of consumer data security. Deontological ethics stresses the importance of adherence to rules and duties, and while ethical obligations existed, the actions taken during the breach did not align with fulfilling those responsibilities effectively. Thus, ego