Mcbride Financial Security Policy Paper

882 WordsNov 23, 20094 Pages
McBride Financial Security Policy The following policy is in response to McBride Financial Service's request to develop a security policy that will address its loan departments current needs as well as any issues that may arise involving online loan applications. McBride's target market comprises of an upscale demographic. Most of the individuals that request mortgages through this company are professionals, retirees, and families purchasing their primary or secondary home.(University of Phoenix, 2005) This is a market who is customarily aware of any changes to their personal information and/or financial records. Therefore securing this information is of extreme importance and essential to the longevity of McBride Financial Services.…show more content…
This training will begin with a four hour training session relaying these new practices to all employees over the course of a week. Thereafter there will be follow-up training sessions as management deems necessary to ensure that policy is being strictly adhered to. For the protection of the customer as well as McBride Financial Services, noncompliance to this new policy will not be tolerated. All employees are required to sign a Policy Acknowledgment Form stating that they have read, understood, and agreed to the guidelines expressed within this policy. If anyone suspects or is privy to a breach of security of any type, a Security Incident Report should be filed immediately. Failure to comply with the terms of this policy is punishable to the fullest extent of the law. Conclusion This policy was created in the best interest of McBride Financial Services, its customers, and its employees. Though we cannot ensure that all will adhere to this new policy, we will rely on proper training and the consequences spelled out in our non-compliance agreement to aid in ensuring maximum safety to our customers and company. The measures mentioned above are just a few of the precautions that are being implemented. Ideally, this policy will enhance McBride's ability to provide its customers with the utmost satisfaction. References University of Phoenix. (2005). McBride

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