Risks, Governance, Ethics, and Sustainability

Solution Part a- Ethical Consideration

• Client Confidentiality: Alex, like all clinicians, should take the utmost care in preserving clients’ information’s privacy and confidentiality. The enterprise ignited these vulnerabilities to achieve its goals, and thus, the relationship between the company and the client worsened. If legal consequences and reputational losses are involved, this would be a severe problem.
• Professional Integrity: Alex is an employee who has to follow the company’s ethics, established in a way that is stockholders and the organization. It dawned on Alex that the possibility of undermining the principles of justice not only for the sake of moral values but also for questioning the existence of the proprietary tenets was provided by this flaw (Max et al., 2021).
• Transparency and Accountability: Meanwhile, Alex’s fault was that he didn’t tell his boss about his condition. Nevertheless, declaring deficits like that was equally offensive to transparency and accountability and caused a loss of members’ trust.
• Risk Management: Notwithstanding this, the insider threat that used the vulnerability to his own advantage and affected the data security of the company and its reputation would have required a serious warning. The absence of risk consideration by personal consideration values demonstrates ethical flaws in risk regulation (Béduneau & Gizard, 2016).
• Legal Compliance: Alex must ensure that the company is honest and belongs to groups that control and safeguard legal data protection and cybersecurity regulations. It might also have hindered the organization from being prosecuted for violating data safety, which is laid down in the law.

Solution Part b-3 Potential Risk and Risk Mitigation Strategies

Risk Mitigation Strategy

• Data Breach Maintain a solid cyber safety system that includes but is not limited to encryption and access controls to safeguard clients’ private information.
• Reputational Damage Create a crisis communication plan that will help remedy the breach and reconcile the trust of clients and stakeholders (Stergiopoulos et al., 2015).
• Legal Liability: Meet with legal advisors periodically to ensure that data protection laws and regulations are being complied with and that the risks of potential legal liabilities are being managed.

In the risk register above, the three risks that are associated with Alex’s decision, as well as the risk mitigation strategies, are detailed. Therefore, Alex decided to go to university.

• Data Breach: Utilizing this flaw can create a risk of a data breach, which could lead to a privacy violation of private customer data. Therefore, there is a need to put in place cyber security measures like encryption and access controls, which will be used to protect the data.
• Reputational Damage: Identifying a data breach may hurt the company’s reputation, causing distrust from users (customers and stakeholders). A crisis plan must be put in place to restore trust and reputation by openly communicating the incident to bring possible solutions on board (Patterson & Neailey, 2002).
• Legal Liability: The maltreatment of this weakness may get an individual in trouble with the law if it violates any data protection rules and regulations. Legal experts should be consulted to comply with appropriate laws and regulations to effectively manage this risk, reducing possible legal consequences for the company.

Tech Innovate Solutions can progressively identify these risks and apply reasonable mitigation strategies to proactively address the probable consequences of Alex’s decision and help the company stay on its feet.

Solution Part c-Best Practice that must be adopted

• Establish Clear Ethical Guidelines: The firm needs to establish clear rules and policies on data security and professional conduct and get these rules to their staff members. These policies should detail the acceptable conduct of workers and remind them that acts of honesty, openness, and accountability are prerequisites of business ethics (Kirkbride & Letza, 2003).
• Implement Whistleblower Protection: Tech Innovate Solutions must implement a whistleblower program so that employees may disclose any misconduct or unauthorized breach of code without fear of retaliation. Therefore, this program will have to give employees a forum to raise concerns confidentially but, most importantly, guarantee their protection from any retribution for opening up.
• Provide Ongoing Ethical Training: The company should conduct periodic training and educational sessions on ethics, cybersecurity, and risk management for all levels of employees. During such training sessions, examples of ethical decision-making should be given, ethical dilemmas should be raised, and employees should be equipped with the relevant knowledge and proper tools for locomoting in complex moral situations should be highlighted (Holcomb, 2016).

These best practices will become an ethical culture foundation, demonstrating ethics, integrity, and accountability in the organization, leading to lower chances of a new similar ethical lapse.

Solution Part d-Decision to migrate data

• Reduced Environmental Impact: One of the significant advantages of cloud computing is that it is possible without substantial employment of physical resources and energy, such as the traditional data center. Putting data storage and computing resources together in centralized data centers helps cloud-based platforms gain from the scale of their operating process and, therefore, reduce energy consumption, which means that they are likely to produce less CO2 and other environmental effects (Alkhalil et al., 2017).
• Energy Efficiency: Two things are characteristic of the strategy of public cloud providers: it mainly consists of investing money in energy-efficient systems and technologies like server virtualization, dynamic scaling, renewables, and others. Such actions are preferable to less energy needed for the computing operations and thus increase the overall efficiency of the data operations.
• Resource Optimization: With cloud-based platforms, companies get a flexible and shared package: they can either up or down computing resources per Demand. These management quirks of Tech Innovate Solutions, such as over-provisioning avoidance and source-wasting reduction, are responsible for efficiency and sustainability, as responsible resource utilization comes on top.
• Green Data Center Practices: Many cloud service providers stress environmental preservation, resource efficiency, and sound data center principles by using efficient cooling systems, waste recycling, and energy-efficient hardware. Cloud adoption and sustainability practices can help Tech Innovate Solutions to be a part of the industry standards and not leave a large ecological footprint (Islam et al., 2017).
• Support for Sustainable Development: Thanks to cloud computing, Tech Innovate Solutions can benefit from superior technologies or solutions that support sustainable development, for example, data analytics for environmental monitoring, improvement of electric grids, and CO2 tracking. Leveraging the potential of cloud-based solutions will enable the business to participate in the world’s sustainability aspirations and arrive at more positive green results.

Ultimately, opting for a cloud-based platform migration supports Tech Innovate Solutions’ sustainability priorities, which include environmental stewardship, energy efficiency, resource utilization to the maximum, and support of ecological sustainability. Cloud computing adoption by the company will significantly improve work efficiency, optimize its environmental footprint, and serve as a global corporate entity with a strong focus on sustainable business operations.