Corporate scandals seem to become more and more exposed in today's society. I believe it is because people are becoming less tolerant of unethical practices, especially since the debate of executive compensation is coming more heated. In August of 2010, a manager from Apple Incorporated was arrested on the charge of accepting money to sell confidential information to Apple Suppliers in other countries. Here's a link to an article about the case:
http://www.huffingtonpost.com/2010/08/17/apple-manager-arrested-fo_n_685402.html
It is said that he received over $1 million for selling this information and the Asian suppliers were then using that information to negotiate better contracts with another company. The question is how was this manager able to sell this information? How did he gain access to this information and distribute it without anyone else knowing? This information was to be a closely guarded corporate secret, so how was he able to leak it? I understand that not all of this is preventable, hindsight is 20/20, but what can the company now learn from their mistakes?
What security measures do you think the company could put into place to protect the information? What guidelines and policies should be put into place to prevent this from happening again?
Casey Zimmerman
No comments:
Post a Comment