The assignment content discusses the ethical dilemma of hacking and cybercrime, particularly in the context of online piracy. It presents two theories: Kantianism theory and Consequential Theory. The Kantianism theory focuses on moral intuition and emphasizes the importance of respecting individual rights and privacy. On the other hand, the Consequential Theory views hacking as a wrong action that hampers rightness and leads to consequences. The content highlights the need for strong laws and regulations to prevent cybercrime and protect individuals' rights.