Ethical Dilemma

Ethical Dilemma / Ethical Decision-Making

This paper will center around the Colonial Pipeline cyber attack that took place last month (May 2021) and resulted in the company paying a ransom to hackers. It is one part of a group project. Each group member is writing the same paper from four different perspectives (1. CEO, 2. Shareholders, 3. Government, 4. Pipeline (oil/gas) industry as a whole. The point of view / perspective I am assigned for this paper is the CEO perspective. This report should be a well-informed and advanced piece of commentary that is formally supported by scholarly reference material.

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This report should be in the following format, and include the components described in the rubric. Follow the outline listed here and label each section of your write-up.
1.    A meaningful descriptive title.
2.    An introduction that provides some general context for your discussion and states explicitly what the ethical controversy is and what your stakeholder perspective (CEO) is in relation to other stakeholders (shareholders, government, oil industry) involved in the ethical issue.
3.    The main discussion from your stakeholder perspective (CEO), applying concepts from the course. Analyze and evaluate actions/decisions in terms of ethical components. Apply ethical frameworks (prescriptive approaches) from Chapter 2 to your decision-making process (screenshots attached).
4.    A summary and conclusion, including justification of different courses of action based upon different ethical frameworks.
5.    A bibliography of references.

FYI: there are a lot of articles on this incident. You can google “colonial pipeline ransom” and should get a lot of options if needed. I included some links below as a reference point. Please keep in mind this paper is about ethical dilemma / decision making. I have attached the grading rubric and the screenshots from textbook.

https://www.wsj.com/articles/colonial-pipeline-ceo-tells-why-he-paid-hackers-a-4-4-million-ransom-11621435636

https://en.wikipedia.org/wiki/Colonial_Pipeline_cyber_attack

https://www.npr.org/2021/06/03/1003020300/colonial-pipeline-ceo-explains-the-decision-to-pay-hackers-4-4-million-ransom

https://www.npr.org/2021/06/03/1003020300/colonial-pipeline-ceo-explains-the-decision-to-pay-hackers-4-4-million-ransom

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