Mcbride Financial Security

In: Business and Management

Submitted By iyaoyas54
Words 663
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McBride Financial Security Policy To bring McBride’s electronic key online will provide a great source of control in their area of physical security. Employees will only have access to areas that their work in and access to information according to their rank in McBride facility. Any unauthorized access to any area of any McBride facility will be punishable in accordance with McBride's Non-Compliance Policy. If an access card, key are lost or stolen or is not returned a fee will be charged for a new item. When an access card is lost, it will be deactivated immediately until a new card is issued. When processing a loan application, McBride is in control of large amount of sensitive customer information including the customer’s credit report and history. The protection of this information is very important. To protect data from loss, equipment failure, or intentional destruction, all mortgage applications and associated data will be backed up to magnetic tape as well as archived to a remote server daily. Magnetic tape backups will be performed every evening (except for Sunday when tape drives will be cleaned and maintained). All data backups will be perform only by an authorized member of McBride's in-house IT department. Another way that McBride will now protect sensitive data is through account access controls. Passwords, encryption, and pertinent classification of data are a few measures that will be implemented to ensure this protection. Every procedure and process within McBride will be group into separate access levels and assigned an id. In conjunction with this id, all employees will be assigned a user id and password for logging onto any and every system within the company. This user id will identify every employee’s personal authorizations within the company. This will limit and/or authorize there access within each application within the system.…...

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