ACCG3060-Cyber-Security Governance and Ethics – IT Computer Science Assignment Help

Assignment Task

Task

Instructions:

You are to prepare an algorithmic impact assessment for the TechnoTec business proposal outlined inthe Appendices. This will include:

a) An Executive Summary

b) An explanation of how technology can help decision making (informed by the scholarly literatureand real-world examples) explaining positive and negative aspects of the ethical challenges this can create

c) Analysis of the strengths and weaknesses (including unfairness, discrimination and biases) of the technology in the business proposal

d) Analysis of the business, ethical and cybersecurity risks TechnoTec faces if it were to implement the business proposal in its current form

e) Recommend a security program (including team building and development) for the business proposal

f) Recommendations on how to alter/improve the algorithm so that it can mitigate the risks and better achieve the goals of the business proposal

Requirements:

1) See the Assessment Guide and Unit guide for the Unit, both of which are available on iLearn

2) Marking Rubric: See the Assessment Guide

3) You are to reference your answer using the Harvard referencing style andprovide a bibliography.

Appendix 1: NoFlake Business Case:

TechnoTec has decided to develop an innovative financial product for consumers, NoFlake. The management has understood that borrowers who are at greater risk of having money stolen from them by hackers (or other forms of cyberattacks) are less likely to be able to re-pay their debts and are more likely to be a vector for infiltration of TechnoTec’s IT systems. Therefore, to create a competitive advantage over the industry leaders, NoFlake will use an artificial intelligence engine to analyse both the credit risk and the cyber-security maturity of their borrowers

How Does NoFlake Work?

The AI engine uses an algorithm (see Appendix 2) to generate a predictive risk score between -100 and +100 for each potential borrower (with positive 100 being awarded to thelowest-risk borrowers and negative 100 being awarded to the highest-risk borrowers).

Who Built NoFlake?

The algorithm development team consisted of: Philippe Jankins-Chao (Team Leader, USyd IT graduate, age 26) Carmichael St Clare (Senior Developer, USyd IT graduate, age 24) Sebastian Montford-Smythe (Developer, Macquarie IT graduate, age 24) The development team hired Swizzle Pty Ltd to collect training data for the algorithm. Swizzle uses individual backpackers (paid minimum wage) to conduct surveys on major public streets in capital cities.

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