Page 1 Kaplan Business School Assessment Outline
Assessment 3 Information
| Subject Code: | DATA4000 |
| Subject Name: | Introduction to Business Analytics |
| Assessment Title: | Individual Report and Individual Presentation |
| Assessment Type: | Report and Presentation |
| Word Count: | 1800 words ± 10% for Part A (report) 8 – 12 slides for Part B (presentation) |
| Weighting: | 40 % (25 + 15) |
| Total Marks: | 40 |
| Submission: | Turnitin and In class |
| Due Date: | Part A due Monday Week 12, 23:55pm AEST through Turnitin Part B video presentation due Monday Week 13, 23:55pm AEST through MyKBS link. |
Your Task
Consider below information regarding two case studies. Choose ONE of the two case studies and
using the resources listed, together with your own research, complete:
• Part A (Industry Report) Individually by Monday 23: 55pm AEDT Week 12
• Part B (Application for data access presentation) submitted in Monday Week 13 at 23:55 AEST,
as an individual video upload.
Page 2 Kaplan Business School Assessment Outline
Assessment Description
Option 1: Equifax
Background
Who is Equifax?
Equifax is a global company who provides data, analytics and technology services. Their main service
involves providing credit ratings, credit reports and credit histories for loan applications. The main users of
this service are banks, mortgage brokers and finance providers. Equifax provides credit reports by using
the name, address, phone number, social security number and forms of identification such as a driver
licence or passport. They therefore hold a database of all the individuals who have been input in the Equifax
system.
Source: https://www.equifax.com/about-equifax/
History
Equifax started out in Australia as a mutual organization named Credit Reference Association. After being
renamed to Veda Advantage in 2006, they became the first company in Australia to provide
comprehensive reports of car histories. Veda Advantage was eventually purchased by Equifax
(NYSE:EFX) in 2016 to become the leader in credit reports in Australia.
When an individual applies for any sort of financing, especially with banks, a thorough check is made on
the client in order to assess the credit worthiness of the individual. This is to decrease the asymmetric
information issue which arises in principal agent relationships. Equifax being the leader in credit reports in
Australia and having a presence in 21 countries, the company has amassed a vast database of individuals
and their financial information.
In September 2017, Equifax announced a breach in their system in which 147 million customers were
affected. This large scale breach is believed to be one of the most substantial in history. The hackers were
able to retrieve credit card numbers, social security numbers, identification numbers and more. During the
case investigation, it was found that Equifax were made aware of the possibility of a breach six months
prior but did not act to safeguard their data adequately. As a result, the company has had to pay $700
million to settle federal and state suits.
Source: https://www.cnbc.com/2019/07/22/what-you-need-to-know-equifax-data-breach-700-million-settlement.html
Page 3 Kaplan Business School Assessment Outline
Issues with sharing and integration of personal credit and personal financial data
1. Security
Hackers were able to access the company’s servers using a known vulnerability in the Equifax
system. The servers were not properly segmented, hence the hackers were able to access
unencrypted data from the customer complaint portal. Although this fault should have been
rectified long before the breach, no actions were taken due to a defective internal system within
the company. The company also did not announce the breach straight away. Firstly, it took
Equifax 76 days to realise that hackers had entered their system. Moreover, it took the company
more than a month after they were aware of the breach to disclose it to the public, giving the
hackers ample time to mine a significant amount of data but also to sell it on the dark web if
they wanted to.
Source: https://www.csoonline.com/article/3444488/equifax-data-breach-faq-what-happened-who-was-affectedwhat-was-the-impact.html
2. Privacy
As a remedy to the breach, Equifax created a secondary domain called
equifaxsecurity2017.com. This move was greatly criticized as the domain name resembles a
phishing scam domain. It was said that customers would have trouble trusting the new website,
especially since their personal information and identity had just been compromised.
Source: https://www.csoonline.com/article/3444488/equifax-data-breach-faq-what-happened-who-was-affectedwhat-was-the-impact.html
Option 2: Facebook
Background
What is Facebook?
Facebook is an American social media platform which originated from the dorms of Harvard College. Mark
Zuckerberg, along with four fellow students founded the platform and expanded the service continuously
until 2006, where any individual over the age of 13 years were allowed to join Facebook.
History
Facebook has worked its way through the masses to become the leading social networking service
provider, by acquiring giants such as Instagram in 2012 and Whatsapp in 2014. With the four most
downloaded apps under their belt, the company holds extremely valuable data, which it uses to provide
analytics solutions to companies and marketers.
Source: https://analytics.facebook.com/
In April 2020, Facebook announced another cyber-security breach regarding its database. This breach
resulted in the profiles of 267 million people being sold on the dark web. The profiles included personal
information such as e-mail addresses, names, phone numbers, etc being sold for a mere $623. The
information stolen did not include passwords, but with the use of e-mail addresses and phone numbers,
the individuals whose profiles were compromised are now at risk of falling victim of phishing e-mails and
texts to retrieve passwords and other information.
Source: https://www.techradar.com/au/news/millions-of-facebook-profiles-for-sale-on-the-dark-web
Page 4 Kaplan Business School Assessment Outline
The above breach is not the first one committed to the Facebook server. In September 2018, the personal
information of nearly 50 million users was stolen from the Facebook network. This breach was the largest
in the company’s history at the time. The hackers used a vulnerability in the code of the social platform in
order to gain control of the data. This has come at an opportune time for Facebook, as they were already
under review for allegedly giving access to the data of 87 million users to a British analytics firm.
Source: https://www.nytimes.com/2018/09/28/technology/facebook-hack-data-breach.html
Issues with handling of personal data on and by social network platforms
1. Acquisition
Facebook was found to have logged data from its users’ phones and collected their phone calls
and SMS texts without having clearly informed the users. This goes against Facebook’s earlier
claim that they only acquired the data for those user who have “opted-in” to having their data
collected.
| Source: complain |
https://www.theguardian.com/technology/2018/mar/29/facebook-logged-sms-text-phone-calls-users |
2. Data Harvesting
In 2018, it was found that the data stored for around 50 million profiles had been harvested by
Cambridge Analytica, a firm working with Donald Trump’s election team. The British analytics
company used the data to target users in the now POTUS’s electoral campaign. This scandal
arose after Facebook executives claimed that the company had stopped giving access to their
data to third-party app developers.
Sources: https://www.bbc.com/news/business-49099364 &
https://www.theguardian.com/technology/2018/dec/14/facebook-privacy-problems-roundup
Page 5 Kaplan Business School Assessment Outline
Assessment Instructions
Part A: Industry Report (1800 words, 25 marks)– Individual
You are required to choose ONE of the two options provided above and evaluate the implications of
the GDPR on the company’s business model. The structure of your report should be as follows.
Your report needs to be structured in line with the Kaplan Business School Report Writing Guide and
address the following areas:
• Data Usability
Benefits and costs of the database to its stakeholders.
Descriptive, predictive and prescriptive applications of the data available and the
data analytics software tools this would require.
• Data Security and privacy
Data security, privacy and accuracy issues associated with the database.
• Ethical Considerations
The ethical considerations behind whether the user has the option to opt in or opt
out of having their data stored.
Other ethical issues of gathering, maintaining and using the data.
• Artificial Intelligence
How developments in AI intersects with data security, privacy and ethics.
• Use the sources below as well as your own research.
• https://research.vu.edu.au/ordsite/ethics/ethics_childlren_handbook.pdf
NOTE: Be mindful that your choice of company in Part A will greatly affect what you may need to do
for Part B).
Page 6 Kaplan Business School Assessment Outline
Part B: Presentation (5 minutes, 15 marks)
Instructions: Students to prepare a presentation of 10 – 12 slides. Students can use MS Powerpoint
to organize their slide deck but other tools will be accepted as well (e.g. Prezi).
Imagine that you are an analyst from one of the companies wanting to access the data generated by
your chosen company in Part A for an analytics-based research project.
Create a presentation of approximately 5 minutes in which you discuss how your organization uses
its data and the broad implications involved. Discuss the issues below, and imagine you are
communicating this presentation to government (regulators and / or legislators) as your audience.
Consider:
1. Why you want the data and the resulting benefits to the community;
2. How the data can be sourced ethically and securely;
3. How you will keep the data safe and de-identify individuals; and
4. How you will present the results and add insights in an ethical way.
Use the sources below as well as your own research.
http://www.health.gov.au/internet/main/publishing.nsf/Content/964591B00A3C9D72CA2582C70083A1CA/$File/Public%20Consultations%20Paper.pd
f
https://www.oaic.gov.au/agencies-and-organisations/guides/de-identification-and-the-privacy-act
Page 7 Kaplan Business School Assessment Outline
Important Study Information
Academic Integrity Policy
KBS values academic integrity. All students must understand the meaning and consequences
of cheating, plagiarism and other academic offences under the Academic Integrity and Conduct
Policy.
What is academic integrity and misconduct?
What are the penalties for academic misconduct?
What are the late penalties?
How can I appeal my grade?
Click here for answers to these questions:
http://www.kbs.edu.au/current-students/student-policies/.
Word Limits for Written Assessments
Submissions that exceed the word limit by more than 10% will cease to be marked from the point
at which that limit is exceeded.
Study Assistance
Students may seek study assistance from their local Academic Learning Advisor or refer to the
resources on the MyKBS Academic Success Centre page. Click here for this information.
Page 8 Kaplan Business School Assessment Outline
Assessment Marking Guide
| Section | Criteria | NN (Fail) 0%-49% |
P (Pass) 50%-64% |
CR (Credit) 74%-65% |
DN (Distinction) 75%-84% |
HD (High Distinction) 85%-100% |
| Part A: Individual Report |
Evaluate the data usability, security and ethics associated with creating a data repository for diverse stakeholders and consider software requirements |
Failure to address data usability and security issues associated with the company database or failure to consider software requirements |
Basic description of data usability and security issues associated with creating the system Limited consideration of software capabilities |
Considered discussion of data usability and security issues associated with creating the system Adequate description of the feasibility of data usability given current software capabilities |
Clear evaluation of key data usability and security issues associated with creating system Well-supported consideration of the feasibility of data usability given current software capabilities |
Comprehensive evaluation of key data usability and security considerations associated with creating the system with a focus on various stakeholders Very high standard assessment of the feasibility of data usability given current software capabilities |
| Produce a report which is well-researched, correctly referenced, professionally presented, logical, well structured and addresses the relevant issues |
Report is not logical and fails to evaluate major issues Inadequate research conducted and sources incorrectly acknowledged |
Partially referenced evaluation of issues, without a logical structure and acknowledgement of some sources from limited research |
Referenced evaluation of some relevant issues with acknowledgement of most sources and evidence of reasonable research conducted into the topic |
Referenced and congruent evaluation of relevant issues with acknowledgement of a wide range of sources and evidence of broad research conducted into the topic |
Well-referenced, engaging and logical evaluation of relevant issues with correct acknowledgement of extensive sources and evidence of comprehensive research conducted into the topic |
|
| See part B next page |
Page 9 Kaplan Business School Assessment Outline
| Section | Criteria | NN (Fail) 0%-49% |
P (Pass) 50%-64% |
CR (Credit) 74%-65% |
DN (Distinction) 75%-84% |
HD (High Distinction) 85%-100% |
| Part B: Presentation |
Construct a business case outlining the benefits of using and storing the data, while addressing the relevant ethical and security issues and concerns |
Failure to make an effective argument around using the data for research and no consideration of drawbacks |
A limited description of the benefits of using the data for research purposes is made and very few of the ethical and security draw backs are mentioned |
A solid presentation of the benefits of using the data for research purposes is made and some of the ethical and security draw-backs are discussed |
A high-quality business case for using the data for research purposes is made by considering its major benefits and analysing the ethical and security draw backs |
An effective business case for using the data for research purposes is made by convincingly articulating the benefits this would provide for society, and expertly analysing the ethical and security draw-backs |
| Effectively and clearly communicate an argument to use the data for research purposes while considering the audience and their motivations |
Failure to effectively communicate key messages and a lack of consideration for the audience’s needs |
Brief listing of how the data can be used for research in a way that is understandable to most people |
Solid description of the use of the data for research in a way that considers some of the target audience’s needs |
Clear communication and justification of the use of the data for research in a way that sufficiently considers the target audience’s needs |
Effective communication and convincing justification of the use of the data for research in a way that persuades a target audience |
Page 10 Kaplan Business School Assessment Outline
Assignment Submission
Part B to be submitted In class in week 12. Students must submit Part A via Turnitin on Monday of Week 12 at 23:55pm AEST.
This file must be submitted as a PDF document to avoid any technical issues that may occur from incorrect file format upload.
Uploaded files with a virus will not be considered as a legitimate submission. Turnitin will notify you if there is any issue with the
submitted file. In this case, you must contact your lecturer via email and provide a brief description of the issue and a screen shot
of the Turnitin error message.
Students are also encouraged to submit their work well in advance of the time deadline to avoid any possible delay with Turnitin
similarity report generation or any other technical difficulties.
Late assignment submission penalties
Penalties will be imposed on late assignment submissions in accordance with Kaplan Business School’s Assessment Policy.
| Number of days |
Penalty |
| 1* – 9 days | 5% per day for each calendar day late deducted from the student’s total Marks. |
| 10 – 14 days | 50% deducted from the student’s total marks. |
| After 14 days | Assignments that are submitted more than 14 calendar days after the due date will not be accepted and the student will receive a mark of zero for the assignment(s). |
| Note | Notwithstanding the above penalty rules, assignments will also be given a mark of zero if they are submitted after assignments have been returned to students. |
*Assignments submitted at any stage within the first 24 hours after deadline will be considered to be one day late and therefore
subject to the associated penalty.
If you are unable to complete this assessment by the due date/time, please refer to the Special Consideration Application
Form, which is available at the end of the KBS Assessment Policy:
https://www.kbs.edu.au/wp-content/uploads/2016/07/KBS_FORM_Assessment-Policy_MAR2018_FA.pdf