We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Security Assessment Check For Premier Commercial Bank - Essay Example

Comments (1) Cite this document
Research is done to give recommendations so as to minimize if not put to an end to all threats to Premier Bank’s state of security. Investigations were carried out in all areas of the bank operations through the use of interviews, physical inspection, work experience and the recent breach of security. …
Download full paper
Security Assessment Check For Premier Commercial Bank
Read TextPreview

Extract of sample
Security Assessment Check For Premier Commercial Bank

Download file to see previous pages... In relation to the study the company which has been selected is Premier commercial bank as one of the largest asset financed bank in the region that has a broad customer base across the region. The bank deals in so many transactions and they are as outlined; depository transactions, withdrawal transactions, credit advancement services, Personal and business loan services, mortgages among others. In line with the mission statement, Premier commercial bank seeks to maintain proper custody and care of the client’s money at all times. This is done through ensuring that proper handling and correct security measures are complied with so as no to contradict our goal. Within the Bank there are certain sections that may be prone to security violation and they include: Automated Teller Machines, Mobile banking services, Internet banking, Electronic money transfers, physical building security, safety of cash in transit, Strong money room and the banking hall. All these are areas whose security has to be properly counterchecked at all times. The outlined areas are vulnerable and susceptible to vandalism. Recently there was an anonymous withdrawal at the ATM machines by an unknown persona that involved loss of huge amounts of money. Again many cases of theft of cash in transit to the Central bank were reported. These were also followed by sequence of fraudulent transfers of money to offshore accounts by the bank personnel. This was after a recent bank robbery scare within the branch. As a senior security analyst would be obliged to give the following recommendations so as to minimize if not put to an end to all threats to Premier Bank’s state of security. There should be a web cam at the ATM machine to keep track of all those who come to withdraw money from it. Secondly there should be proper password protection and authorization so as to minimize theft by the bank personnel who deal with electronic transfers of money within and out of the region. Thirdly, the security guards who escort money on transit should have the right facilities so as to sustain security measures. This could involve provision of car trackers that may be monitored incase the vehicle is hijacked. In this view during the escort there should also be some law enforcement like police officers who’ll maintain and propel security measures. Security assessments refer to conducting vulnerability tests and assessments tests on business or any working environment in order to keep its networks protected. This may involve physical security such as guards and use of closed circuit camera systems. A security assessment may be performed by an IT or internal security expert or through the use of hiring security firms to check for any loopholes in the current security procedures. A vulnerability check is designed in a way that enables a firm to know its potential areas of weaknesses and the information obtained may be used to enhance security. The security assessment test of Premier Commercial Bank conducted by me and the help of Securex security firm is geared to produce a conclusive report of the bank’s state of security. Investigations were carried out in all areas of the bank operations through the use of ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Security Assessment Check For Premier Commercial Bank Essay”, n.d.)
Retrieved from https://studentshare.org/design-technology/1396158-security-assessment-check-for-premier-commercial-bank
(Security Assessment Check For Premier Commercial Bank Essay)
“Security Assessment Check For Premier Commercial Bank Essay”, n.d. https://studentshare.org/design-technology/1396158-security-assessment-check-for-premier-commercial-bank.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
epfannerstill added comment 1 month ago
Student rated this paper as
I never thought 3250 words essay could be written in such a free manner. I loved the style of this essay. Will definitely use it for my own work!
Commercial and investment banking:General principles of bank management
The cash serves the purpose of depositor withdrawal either from checking or savings account or checks written by the depositor to other banks. Liquidity management make sure cash is available upon depositors demand to withdraw or payment. To keep enough cash on hand, the bank must engage in liquidity management practices.
16 Pages(4000 words)Essay
Security Bank Customer Service
The author states that the business aims to develop sustainable methods of managing organizational resources in order to ensure its availability for the next five years. He points out that the natural resource economics should understand the significant roles that natural resources and its availability play in the economy.
4 Pages(1000 words)Essay
Commercial bank of kuwait (CBK)
It is subject to external environment that includes other banking institutions with which the banks competes for market control and efficiencies. This paper reviews characteristics of the bank’s industry, analyzes its financial position, and offers a personal opinion on the bank’s position.
4 Pages(1000 words)Essay
Security Planning and Assessment - protection
The benefit of assessment is to implement the security or improvement in secure system. An assessment is basically very beneficial and useful of all security tests. Let if these assessment is based on airport security then there are many technologies and functions are used to keep the security of airports.
6 Pages(1500 words)Essay
Security Planning and Assessment
As the technology enhanced it brought in some technological issues such as Information Security Risk. The Security Risks involved with the various information systems need to be addressed in order to better the performance of the organization in the dynamic global market.
10 Pages(2500 words)Essay
Determinants of indian commercial bank profitability
The major transformation has taken place in the operating areas of the commercial banks. It is true that there have been a rising trend towards bank disintermediation in a large number of countries, but the role of banks still remains
8 Pages(2000 words)Essay
WBA Assessment: Gulf Investment Bank Bahrain
Gathering secondary research information about Gulf Investment Bank has been difficult because there seems to be a focus on hiding bad decision-making at the firm. One research article suggested that banking leaders in Bahrain (and the surrounding Gulf region) fail to accurately report internal and external business decisions when they are shown to be bad decisions.
11 Pages(2750 words)Essay
Commercial Contract Assessment
This research essay dwells into important ingredients of a valid contract with decided case laws on the subject. The mind of a party is being looked into in a subjective point of view, and it intends to
10 Pages(2500 words)Essay
Commercial Litigation Assessment
After the lapse of 8 months, Gasser also initiated legal proceedings against MISAT in the Austrian courts, thereby seeking payments against overdue bills. It also
10 Pages(2500 words)Essay
Premier profile
Their main role is to represent the interests of the provinces in the federal government which has long been frustrated by the strong party discipline in parliament. This paper will tend to focus on the profile of one provincial premier by the
5 Pages(1250 words)Essay
Let us find you another Essay on topic Security Assessment Check For Premier Commercial Bank for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us