As you’ll recall, the commercial revolution of the nineteenth century gave rise to variety of unforeseen ethical and social issues for example, concerns about workplace safety, wages, discrimination, and child labor which led to real changes in worker protections, labor practices, and law. Similarly, the technology revolution of the 20th century starting with the widespread use of the net and residential computers has spawned a brand new set of ethical and social concerns that individuals 100 years ago couldn’t have imagined: as an example, how should personal information and online privacy be protected? Who gets to have the knowledge about our habits and “likes”? Before the appearance of the web, people thought of and controlled their personal information in very other ways. Today, many people lead complex online lives, and that we might not even realize how our personal information is being collected and used. During this section we’ll explore a number of the moral and social issues associated with network security, privacy, and data collection that companies must address. Ethical and social issues arising from the utilization of technology altogether areas of our lives and in business, specifically have cause the creation of a replacement branch of ethics: techno ethics. Techno ethics which is absolutely a new term is an area which is interdisciplinary totally connected with moral and ethics or ethical aspect of technology in the social atmosphere. It technically attaches theories and various methods from various domains for example communications or social information or study of technologies or ethics or sometimes philosophy, to look into the insides of ethical areas or any system of technology and for making advancement of any technological society. The digital world we are presently leaving is posing some important and new ethical questions like who owns information, particularly information about us. Who is to blame for making the data accurate? This subject is becoming increasingly so important so on successfully manage the utilization of data systems in our society. This paper is an attempt to view the present issues related to information technologies in context to degradation of moral and social values.

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Keywords: Information Technologies, Social Values, Ethical Practices, Ethical Dilemma, Marketisation.