Neco 2023 Data Processing Question 9

A student discovers that the school's login system stores user passwords in plain text. According to the NECO Computer Ethics and Security code, the student can:\n(i) ignore the problem,\n(ii) fix the code without informing anyone,\n(iii) report the vulnerability to the school's IT administrator, or\n(iv) sell the information to a third party.\nThe risk associated with the vulnerability is evaluated by the formula\n\(\text{Risk} = \text{Likelihood} \times \text{Impact}\),\nwhere the Likelihood is rated 4 (on a scale of 1-5) because the flaw is known, and the Impact is rated 5 (scale 1-5) for a possible data breach.\nClassify the risk as Low (1-6), Medium (7-12) or High (13-25) and state the ethically appropriate action the student should take.