Project: Data Analytics and Customer Privacy Rapid changes in technology and data mining capabilities have created many difficult (and often scandalous) opportunities for the misuse of customer data,...

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Project: Data Analytics and Customer Privacy






Rapid changes in technology and data mining capabilities have created many difficult (and often scandalous) opportunities for the misuse of customer data, from Target’s famous “pregnant customer algorithm” to Amazon’s patent for predictive ordering. Moreover, devices such as the Amazon Echo create additional privacy concerns, as these devices are “always listening” and thus capable of collecting data from unsuspecting individuals. In other words, data technology appears to be creating ethical concerns that are difficult to anticipate ahead of time.




For this project, you will choose two companies in the same industry (e.g., Social Media, on-line retail) and examine/compare their use of customer-relevant data. The final paper should be approximately 10-13 pages in length (before references; formatting should be double-spaced, Times New Roman 12 pt. font). This paper will have five sections:




i. One to two pages: describe the industry and its unique challenges and opportunities with regard to customer data. Is there a history of problems?


ii. Two to three pages: describe the two organizations, their general policy with regard to use of customer data, and any problems that have surfaced for them. How do the organizations differ in issues such as how user agreements are managed, whether data is sold to other parties, etc.?


iii. Two to three pages: what potentially thorny ethical issues must companies in this industry navigate, and what are issues that are likely to emerge in the near future? Do the two companies currently have data management policies and systems that are sufficient to avoid scandal?


iv. One to two pages: do the organizations appear to be collecting the “right data?,” or are they using a “more is better” approach? In other words, does their data collection appear well-designed and intentional, or potentially excessive?


v. Three to four pages: design an alternative (or updated) customer data policy for these two firms. Do differences between the organizations and their customers necessitate different policies, or is there a set of best practices that would apply to both? What does your user agreement look like (if there is one), and how is consent for using data obtained? Be sure to justify how your new policies will both meet the data needs of the organization, while also providing robust safeguards to customers now and in the future.


Answered 8 days AfterMay 17, 2021

Answer To: Project: Data Analytics and Customer Privacy Rapid changes in technology and data mining...

Shubham answered on May 26 2021
154 Votes
DATA ANALYTICS AND CUSTOMER PRIVACY
Table of Contents
Executive Summary    2
Introduction    4
First Heading of the Assignment    4
Subheading of the First Heading of the Assignment    4
Second Heading of the Assignment    4
Subheading of the Second Heading of the Assignment    4
Recommendations    4
Conclusion    4
References    5
(i) Digital industry is a revolutionary integration of technology with the business processes. It is paperless, advanced, depends on software and digital
technology. It is much wider in approach and uses emerging technologies like cloud computing, artificial intelligence, big data analytics and machine learning. It has helped businesses to look for innovative solutions with data backup facilities, which are reliable and efficient. It also looks after maintenance and support, which helps in reducing downtime and budget. It has provided expertise with compliance through knowledge, performance and responsiveness.
Despite being an option to look after it has its own set of challenges related to customer data. The size of data which contain critical information about customer is difficult to manage and process. The amount of structured and unstructured data is being shared at various platforms posed a threat of removal of data and duplication of data. The methods for collecting customer data and storing it is rapidly changing. The omni-channel rise posed a massive challenge for enterprise. The security and protection of this data is the biggest fear as it lead to breach of security agreement and pose serious threats to company, customer and even country.
The opportunities are tremendous. With automated processes the processing of information is fast, helps in efficient decision making. The chance to tap market potential increases in big numbers. Being still in novel stage digital industry has high adoption rates which helps to face dynamism.
The history of problems related to customer data exists since customer management concept introduced. It involves security of information or integrity, availability of reliable databases, the compliance procedures of company regarding privacy regulations, secured sharing of customer information across various systems.
(ii) Facebook: A popular and known social media platform in digital industry, which is famous as networking site founded by Mark Zuckerberg. The data policy of Facebook covers Facebook, Instagram and Messenger. Facebook collects the information, which is provided by the user like location access, photos, personal information, life events, religious views, political views etc. It keeps a track on usage on how user using its products. It also keeps record and track of transactions done to use the products. The information provided by others and the things the user do all are tracked in detail. The problems were that Facebook was tracking its user on whole internet and giving access to app developers to use user information. This made public intervention and made Facebook to introduce changes in its policies by restricting the access of app developers and asking for permission from user to access information. The user agreements of Facebook are still being written and not a complete fool proof solution. The Cambridge Analytical scandal was a wake up call not only for Americans but for the whole world because there were several privacy loopholes in the system. The fineprints of agreement are confusing, long and dull. They are not able to convey the policies in understandable format. People hit ‘I agree” without actually reading terms and conditions and give them access to their sensitive information. It was admitted by Facebook that it shares data with somewhere around 5000 third party app developers. It is done even after 90 days of inactivity on its platform. The facts really highlights serious concerns.
Amazon: It was introduced by Jeff Bezos and sells almost everything on its e-commerce platform at global level. According to Amazon’s data privacy policy they collect information which is provided by user in relation to Amazon services, automatically collects and store type of information based on use of Amazon services and information from other sources like vendors and suppliers. It provides security of information through its platform but again through advertising it allows to roll on its website and by clicking the user intentionally or unintentionally agrees to share the information which is stored with Amazon. Few months back the former employees of Amazon act as whistle blowers and warn about the shortfalls in security aspects regarding theft, exploitation and breaches.
The business model focuses on growth while sacrificing the security of customers and their...
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