ACCT19066 – Accounting Systems and Assurance
Term 1, 2016
Assessment 2: Information Security and Privacy of Information
Privacy of information about customers, employees, suppliers and business partners is critical to information security which is the foundation of information systems reliability. Inevitably, large companies that retain information about customers and others have responsibility to protect privacy of their personal information. Relevant regulations, information security framework and privacy principles provide detailed guidelines about privacy of personal information. However, research unfolds enormous concerns about privacy of information. International Business Machines, popularly known as IBM, has a history of its development, growth and reputation. Recently, IBM became headlines of the media due to accusation of disregarding privacy of its foreign customers’ personal information. The revelations of such privacy concerns have had significant impact on the financial results of IBM and business of other large US IT firms.
(i) Describe the concept and importance of privacy of personal information in accordance with the relevant information security framework, privacy principles and available literature. Refer to at least 3 journal articles. (5 marks)
(ii) Briefly describe the history, products and services of IBM. (3 marks)
(iii) Using your knowledge of information security and privacy of personal information as developed in (i) above, analyse in detail the privacy issues raised against IBM and their impact on the financial results of IBM and business of other large US IT firms. Refer to at least 6 media, web and journal articles. (6 marks)
Present your assignment in a report format with an executive summary, a conclusion and appropriate references in addition to your responses to the above three requirements. Your assignment will also be marked based on grammar and proper use of punctuations.
Assignment template and marking criteria
Executive summary Purpose, research methods and gist of findings
Requirement (i) Concept and importance of privacy of personal information
Requirement (ii) History, products and services of IBM
Requirement (iii) Privacy issues raised against IBM and their impact on the financial results of IBM and business of other large US IT firms
Conclusions Conclusions and suggestions
References Appropriate references in the text and in the list See APA referencing guide
Grammar and punctuation Grammar and punctuation
Total marks This assessment is 20% of the course 20
Word limit Between 2,000 and 2,500 words
Submission Submit online via moodle. Check due date on course profile. Late penalty applies if submitted late without approved extension.