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Ethics and Professional Practice in Common Wealth Bank of Australia

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Added on  2023-06-07

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This report focuses on the case of Common Wealth Bank which was involved in the data breach incidents and because of this many of its customers wanted to delete their accounts from the bank. All the customers who trusted the bank blindly did no more trust the bank. A complete case study is shared in this report with some of the steps to prevent the breaches.

Ethics and Professional Practice in Common Wealth Bank of Australia

   Added on 2023-06-07

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Running Head: Ethics and Professional Practice
Ethics and Professional Practice
Common Wealth Bank of Australia
Ethics and Professional Practice in Common Wealth Bank of Australia_1
1
Ethics and Professional Practice
Executive Summary
The Australian bank named Common Wealth Bank of Australia is very well known to be one of
the largest of all banks when financial sector is talked of. The firm is large because of the hard
work of stakeholders and new ideas. Ethics and the ethical code of conduct play a significant role
when sustainability comes into picture. Even a single unethical move can cause the firm to come
in the collapsing mode. CBA had to face the ethical dilemma which caused its reputation to go
down in the eyes of the customers.
Ethics and Professional Practice in Common Wealth Bank of Australia_2
2
Ethics and Professional Practice
Contents
Executive Summary.....................................................................................................................................1
Introduction.................................................................................................................................................3
Background of Bank.....................................................................................................................................3
Case Analysis...............................................................................................................................................3
Steps to prevent such Situations.................................................................................................................4
Code of Conduct..........................................................................................................................................5
Conclusion...................................................................................................................................................5
References...................................................................................................................................................6
Ethics and Professional Practice in Common Wealth Bank of Australia_3

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