Create a Security Policy - Essay Example

Security policy for McBride Financial Services al Affiliation Security policy for McBride Financial Services This is a security policy that responds to the financial services of McBride Company by following the loan department and the development of the online loan application (OLA) processes. This are the policies that will deal with the procedures and the resources needed in the application of the customers online that will apply on the mortgages and apply for the loans online. The company has a number of qualified workers that have the ability, power and knowledge of keeping the information of the applicants along with their financial records.

This will enable the company to have good record on the finance sector more so when the workers are going to change the records of the customer. Keeping of the customers’ information and records will be the major responsibility of the workers. The security and loan application will cover a number of portions in the company. This are;Security policy that is physical The customers’ control over the access of the online websiteData maintenance and backup policyThe policy of the non compliance ruleThe physical control of the customers in the company will be solved by the introduction of the electronic cards for withdrawal and access purposes.

In doing so, security will be enhanced by controlling the members from having access to the wrong places at the company. If a member will be caught violating the rule of accessing unauthorized areas, he or she will be dealt with in relation to the rule of non compliance. If any of the electronic cards is lost, stolen or contain wrong key, it will be deactivated immediately by the database management system. This will be followed by the issuing of a new card replaced with the lost card and all the information be recorded down for security purposes.

The company is supposed to collect all the important information from a customer in the application of the online application of loans. Some of the important information to be collected is financial statement of the customer, the current loan state of the customer, the credit report of the customer and the property owned information of the customers. All this should be well documented and be recorded in the financial files of the customers. The information recorded in the financial file should be kept off from fire, theft, flood and lightning.

For the proper maintenance and retrieval of the company’s vital information, the database must be backed up periodically incase of data loss. Access of the customers’ accounts should be well managed and be maintained. This will be done by creating protective ways that are very sensitive. The passwords should be unique mixed with other valuables along with the encryption. Users will be assigned with a confidential user identification number that will enable for their track incase they misbehave.

The use of the regulations like Health insurance Portability and Accounting Act (HIPA) should be applied in the company accompanied with proper training of the customers. The company will educate its users thoroughly for the company to minimize insecurity. Before joining the company the users will be provided with the policy acknowledgement papers for them to agree and accept the company’s rules and regulations. Before they accept the terms and conditions of the policy, they should ensure that they have read and understood the rules very well.

References(2009, 11). Mcbride Financial Security Policy Paper. StudyMode.com. Retrieved 11, 2009, from http://www.studymode.com/essays/Mcbride-Financial-Security-Policy-Paper- 257552.html