Sunday, January 26, 2020
Chemicals in Food Production and Preservation
Chemicals in Food Production and Preservation Contents Introduction..2 Definition2 Situation.3 Problems.4 Solutions.6 Evaluations..7 Conclusions..8 Bibliography.8 Introduction In the past, almost all households bought foods from a farm nearby or grew foods in their garden and ate these foods. They were called locavores, which indicated people who ate only locally grown food. When people had a high standard for living, they had also a high demand about eating what sort of foods such as specialties from another area. Therefore, transportation developed greatly to ship fresh ingredients all over the place and the producer tried to make their food look tastier, bigger fruits. Along to that situation, people produced a number of foods to ship, which caused residual foods. For instance, between the year 1950 and 2000, the population of the world doubled, moreover, meat consumption increased dramatically five times (Bittman, 2008)(1). As a result, they invented fast food, convenience foods, frozen foods, etc. by adding an amount of chemicals substances into foods. This paper will mention about several drawbacks of chemistry in food production and a number of solutions to the problems will be suggested before they are evaluated to choose the optimal one. Definition Chemicals already exist in foods. All foods consist of many type of chemicals which are naturally and include nutrients, for example, vitamins, minerals, carbohydrates, protein, fibre, etc. that every healthy body definitely needs to absorb regularly. However, chemical substances created for adding into foods are very different from the natural one. According to European Food Safety Authority (2013)(2), ââ¬Å"chemical substancesâ⬠, are described as ââ¬Å"food additives, flavorings, food packaging materials and containers such as bottles, cups and plates contain chemical substances like plastic, elements of which can migrate into food, chemicals can be used to fight diseases in farm animals or crops such as pesticidesâ⬠. Each type has its own purpose in food production and preservation. Food standards agency (2012)(3) stated that ââ¬Å"additives may be antioxidants (used in food prepared with fats or oils to protect them against deterioration caused by rancidity), preserv atives (used to keep food safe for longer), flavor enhancers (used to bring out the flavor of food without adding a flavor of their own), etc.â⬠These chemicals used often in fast food, canned foods or junk foods with a fixed amount and must be first censored to ensure the safety for consumers. Situation When citizens in Viet Nam are getting busier than in times past, some of them choose to go to any grocery or fast-food restaurant, etc. to have immediately a quick meal just because of the convenience despite the fact that these foods do not include as much nutrients as fresh foods or home cook foods. This phenomenon means people absorb at least a fixed amount of chemicals into their bodies regularly day by day. Datamonitor (n.d.) (4), an international company providing market intelligence, claimed that the consumption of canned foods went up by 12, 9% for the year 2004 to the year 2009 in one-yearly interval. In a survey, Euromonitor International (2014)(5) claimed that the number of fast-food restaurants enjoyed the upward trend of approximately 16% each year such as KFC, Lotteria, Burger King, Subway, Jollibee, McDonaldsâ⬠¦ According to that research, Lotteria came up with just over 160 restaurants and then KFC from United States was the most second popular with 140 restaurant s. Although Burger King just came into sight in the end of the year 2012, this brand at the present, own 20 restaurants at three cities namely Ho Chi Minh, Da Nang and Ha Noi (Euromonitor International, 2014)(5). However, most ingredients of these foods always imported to keep the same flavor as other restaurants from other countries. Therefore, food becomes big money, attracting more and more commercial interest from inside and outside the country and leads informally to a fierce competition between food business premises of Vietnam brand and foreign brand. Problems The issue of the usage chemicals in foods has led to several serious problems in Vietnam. Eating regularly fast foods, junk foods or convenience foods, etc. which are already throughout an assessment to ensure the safety for consumer still seriously damage peopleââ¬â¢s health. For instance, low nutritional value, the high fat, calorie and sodium content of these foods can lead to a variety of health problems such as weight gain, obesity, diabetes, cardiovascular and all-causes mortality (Lee Media, n.d.)(6) Nevertheless, this is not the only trouble that inhabitants in Vietnam have to face and mostly concern about. One of the major drawbacks of using chemical on foods is the phenomenon of using overbold or unknown chemicals into foods which can be harmful the consumers. Any chemical can be toxic if people eat, drink, or absorb too much of it. Even water are able to cause the death if people drinking too much and too quickly. Paracelsus (1500) (7) wrote that ââ¬Å"all substances are poisons; there is none which is not a poison. The right dose differentiates a poison from a remedy.â⬠Firstly, most of food business premises in Vietnam are small-scale such as family business, normally, they have to fight over budgets and compete with other opponents in the market. Moreover, these businesses are spontaneous, many of them attach merely important to the turnover and do not have the knowledge about food business. It can be clearly seen from the pie chart that most of objects involved were just complete the education program at secondary school and the proportion in which account for just over a half of the total, 51,2% (Huong, n.d.). (8) Secondly, people are able to find easily several types of chemical substances to use in foods, which not mention yet that these chemicals permitted or not. Even the consumers want to have a healthy dish, they still have to struggle on the market to determine which fruits, meats or vegetables, etc. are safe, not spoiled foods and had been throughout a chemical treat. Indeed, in Q1/2012, Branch Management city market in collaboration with the Department of Health and Peoples Committees of districts strengthen the inspection and control of the sale and usage of chemicals, flavoring malicious. They found out a number of chemical substances in Kim Bien market are traded illegal such as borax, formalin, Rhodamine B, etc. as well as spices and unlabeled food additives. More specific, 49 cases of illegal chemicals business, volume 450 tons, including 2.8 tons of counterfeit and smuggled 28 tons (Anon., 2012) (9). To illustrate these types of chemicals, for instance, Rhodamine B is a chemical used to dye clothes, prohibited in food and medicine. Dr. Huong (2014)(10), chairman of medicine Vietnam confirmed: ââ¬Å"If people eat melon seeds dye Rhodamine for longtime will cause liver failure, kidney disease and cancerâ⬠Because even if people wear clothes that are still residual dyes can lead to skin cancer for the wearer. Therefore, the dye Rhodamine B deliberate on melon seeds or any other food is not acceptable (Huong, 2014)(10). In the same list with Rhodamine B, formaldehyde used illegal into noodles, vermicelli by some business premises. The World Health Organization (WHO) and Food and Agriculture Organization (FAO) (2012)(11) has identified formaldehyde is unsafe if putting into foods, sauces and beverages because this industrial chemical contains a lot of other toxic such as arsenic, lead and can accumulate in the liver, harmful the brain. As a result, Bureau of Food Safety (2011)(12) stated that Vietnam is a country has the high proportion about food poisoning in which food poisoning due to chemicals represent 25% of the survey. Solution The problem about safety and hygiene has a great deal impact on many fields such as economy, social life and tourism also. Eating healthy dish every day is able to improve peopleââ¬â¢s health, enhance labor and contribute the development of the country. Therefore, having several solutions to tackle these troubles above is requisite. By approaching every single problem, the first two solutions in the list is aim to the sellers who attach specially on the incomes by imposing the high taxes with the clients who purchase industrial chemicals but do not demonstrate clearly the purpose. Moreover, Government can also help the situation by raising the fines with the objects violate the law then banning the right of them in food business. If violation the law signifies losing more money than not, these obstacles probably, disappear day by day. In addition, a phenomenon such as smuggling in Vietnam needs to be stop by strictly control the sale of chemical items used in foods and the importation of foods into this country. On the other hand, another measure is carrying out mass media information and education to improve the way the food producers are thinking. For instance, opening free classes and guiding the food producers, the sellers and the farmers, etc. how to achieve success in food business, so they are able to harvest fruits but do not poison the consumers at the same time. Evaluation So are any in these solutions effective? For the first three solutions mentioned above, one of the major obstacles is the corruption phenomenon. It means that people give money to whose control them and let they do whatever they want, violate the law to get more money. In addition, for the third measure, the situation of a huge number of business premises become harder to control strictly the violations though these three methods is not costly and seems easy to apply. However, for the last solutions, educate to impact on what they are thinking and toward to another way to success in food business. Although this methods is expensive and require an amount of time but the result is quite impressive. For instance, a survey was be made after a several interventions in Quang Binh province in 2012 (Huong, n.d.). (8) Looking at an overall perspective, there was a great deal in the change in knowledge, attitude and application into food business. More specifically, the number of each sector rose by approximately 40%. As the benefits of this strategy are far outweighed by the drawbacks and stands out from others. So, personally, I believe that the reasonable suggest should be carrying out mass media information and education. Conclusion In a word, artificial chemicals first appeared for the good purposes and already take place an important role in life and in many fields such as food productions and food preservatives. However, abusing to much or even using unknown chemicals engenders a number of reverse effects on peopleââ¬â¢s health. For who works in the food business, as individuals and as a society, having a good vision at every single action is a necessary thing because there is none of a solution to eradicate such problems if people are unconscious. Bibliography (1)Bittman, M., 2008. Whats weong with what we eat. [Online] Available at: http://www.ted.com/talks/mark_bittman_on_what_s_wrong_with_what_we_eat/transcript [Accessed 2 December 2014]. (2)European Food Safety Authority , 2013. efsa. [Online] Available at: http://www.efsa.europa.eu/en/faqs/faqchemicalsinfood.htm [Accessed 31 October 2014]. (3)Food standars agency, 2012. Chemicals in food: safety controls. [Online] Available at: https://www.gov.uk/chemicals-in-food-safety-controls [Accessed 31 November 2014]. (4)Datamonitor, n.d. Thuc pham dong hop dung truoc co hoi lon. [Online] Available at: http://trungtamnghiencuuthucpham.vn/thuc-pham-dong-hop-dung-truoc-co-hoi-lon/ [Accessed 1 November 2014]. (5)Euromonitor International, 2014. Thi truong thuc an nhanh Viet Nam: The gioi tran vao, doanh nghiep noi lai tho o. [Online] Available at: http://www.tapchitaichinh.vn/Thi-truong-Gia-ca/Thi-truong-thuc-an-nhanh-Viet-Nam-The-gioi-tran-vao-doanh-nghiep-noi-lai-tho-o/52173.tctc [Accessed 2 November 2014]. (6)Lee, M. Media, D., n.d. Statistics of health risks from eating fast food. [Online] Available at: http://healthyeating.sfgate.com/statistics-health-risks-eating-fast-food-3290.html [Accessed 20 November 2014]. (7)Paracelsus, 2012. All in the dose. [Online] Available at: http://sciencelearn.org.nz/Contexts/Toxins/Science-Ideas-and-Concepts/All-in-the-dose [Accessed 12 November 2014]. (8)Huong, N.T., n.d. [Online] Available at: https://www.google.com/url?sa=trct=jq=esrc=ssource=webcd=2cad=rjauact=8ved=0CCEQFjABurl=http%3A%2F%2Fwww.nutrition.org.vn%2FFileUpload%2FDocuments%2FLUAN%2520AN%2520Nguyen%2520Thanh%2520Huong-27-8.docei=CXScVIDMJOW_mwWjooG4Cgusg=AFQjCNE2jtxs_AQ [Accessed 20 November 2014]. (9)Anon., 2012. Bao dong nan kinh doanh hoa chat doc hai tran lan. [Online] Available at: http://vef.vn/2012-08-18-bao-dong-nan-kinh-doanh-hoa-chat-doc-hai-tran-lan- [Accessed 15 November 2014]. (10)Huong, N.X., 2014. Hat dua nhuom Rhodamine B cuc doc hai. [Online] Available at: http://www.tin247.com/hat_dua_nhuom_rhodamine_b_cuc_doc_hai-10-22754358.html [Accessed 16 December 2014]. (11)World Health Organization (WHO) and Food and Agriculture Organization (FAO) , 2012. Formol va suc khoe con nguoi. [Online] Available at: http://bacsytructuyen.com/diendan/baiviet/7414-formol-suc-khoe-con-nguoi/ [Accessed 15 December 2014]. (12)Bureau of Food Safety, 2012. chuong trinh muc tieu quoc gia. [Online] Available at: http://www.chinhphu.vn/portal/page/portal/chinhphu/noidungchuongtrinhmuctieuquocgia?_piref135_18249_135_18248_18248.strutsAction=ViewDetailAction.do_piref135_18249_135_18248_18248.docid=348_piref135_18249_135_18248_18248.substract= [Accessed 16 December 2014]. Huynh Ngoc Bich Diep 1
Saturday, January 18, 2020
Basic knowledge of Commercial Bank
There is no guarantee in any credit market that lenders will be willing and able to accommodate every borrower. 3) The Length of Time for Which Funds are Needed Some funds sources may be difficult to access immediately such as commercial paper and long-term debt capital. 4) The Size of the Institution that Requires More Funds A denomination often exceeds the borrowing requirements of the smallest financial institutions. 5) Regulations Limiting the Use of Alternative Funding Sources Federal and state regulations may limit the amount, frequency, and use of borrowed funds.Basel I represent a ââ¬Å"one size fits allâ⬠approach to capital regulation. It failed to recognize that no two banks are alike in term of their risk profiles. Basel II sets up a yester in which capital requirements are more sensitive to risk and protect against more types of risk than has been true under Basel l. Basel II attempts to ensure that, consistently, low-risk assets require less capital than high-risk assets, whereas the reverse was often the case with Basel l.There are four new elements of Basel II: 1) Internal Risk Assessment 2) Operational Risk 3) Credit Risk Models 4) A Dual Set of Rules. 1) Character The loan officer must be convinced the customer has a well-defined purpose for requesting credit and a serious intention to repay. ) Capacity The loan officer must be sure the customer has the authority to request a loan and the legal standing to sign a binding loan agreement. 3) Cash The loan application centers should assess borrowing customers' ability to generate enough cash to repay the loan. ) Collateral In assessing the collateral aspect of a loan request, the loan officer must ask whether the borrower possess adequate net worth or own enough quality assets to provide adequate support for the loan. 5) Conditions The loan officer and credit analyst must be aware of recent trend in the borrower's nine of work or industry and how changing economic conditions might affect th e loan. 6) Control The control element centers on such questions as whether changes in law and regulation could adversely affect the borrower and whether the loan request meets the lender's and the regulatory authorities' standards for loan quality.The CAMELS is a system used by federal bank examiners for evaluating the overall condition of a bank based upon the adequacy of its capital, the quality of its asset portfolio, its management quality, the adequacy of its earnings, its liquidity and its sensitivity to market risk. Depository institutions whose overall CAMELS rating is toward the low, riskier end of the numerical scale-?an overall rating of 4 or 5-?tend to be examined more frequently than the highest-rated institutions, those with ratings of 1,2,or 3. ) Unusual or unexplained delays in receiving promised financial reports and payments or in communicating with bank personnel. 2) For business loans, any sudden change in methods used by the borrowing firm to account for deprec iation, make pension plan contributions, value inventories, account for taxes, or recognize income. 3) For business loans, restructuring, outstanding debt or eliminating vividness, or experiencing a change in the customer's credit rating. 4) Adverse changes in the price of a borrowing customer's stock. ) Losses in one or more years, especially as measured by returns on the borrower's assets (ROAR), or equity capital (ROE), or earnings before interest and taxes (BIT). 6) Adverse changes in the borrower's capital structure (equity/debt ratio), liquidity (current ratio), or activity levels (e. G. , the ratio of sales to inventory). 7) Deviations of actual sales, cash flows, or income from those projected when the loan was requested. 8) Unexpected or unexplained changes in customer deposit balances. Basic knowledge of Commercial Bank There is no guarantee in any credit market that lenders will be willing and able to accommodate every borrower. 3) The Length of Time for Which Funds are Needed Some funds sources may be difficult to access immediately such as commercial paper and long-term debt capital. 4) The Size of the Institution that Requires More Funds A denomination often exceeds the borrowing requirements of the smallest financial institutions. 5) Regulations Limiting the Use of Alternative Funding Sources Federal and state regulations may limit the amount, frequency, and use of borrowed funds.Basel I represent a ââ¬Å"one size fits allâ⬠approach to capital regulation. It failed to recognize that no two banks are alike in term of their risk profiles. Basel II sets up a yester in which capital requirements are more sensitive to risk and protect against more types of risk than has been true under Basel l. Basel II attempts to ensure that, consistently, low-risk assets require less capital than high-risk assets, whereas the reverse was often the case with Basel l.There are four new elements of Basel II: 1) Internal Risk Assessment 2) Operational Risk 3) Credit Risk Models 4) A Dual Set of Rules. 1) Character The loan officer must be convinced the customer has a well-defined purpose for requesting credit and a serious intention to repay. ) Capacity The loan officer must be sure the customer has the authority to request a loan and the legal standing to sign a binding loan agreement. 3) Cash The loan application centers should assess borrowing customers' ability to generate enough cash to repay the loan. ) Collateral In assessing the collateral aspect of a loan request, the loan officer must ask whether the borrower possess adequate net worth or own enough quality assets to provide adequate support for the loan. 5) Conditions The loan officer and credit analyst must be aware of recent trend in the borrower's nine of work or industry and how changing economic conditions might affect th e loan. 6) Control The control element centers on such questions as whether changes in law and regulation could adversely affect the borrower and whether the loan request meets the lender's and the regulatory authorities' standards for loan quality.The CAMELS is a system used by federal bank examiners for evaluating the overall condition of a bank based upon the adequacy of its capital, the quality of its asset portfolio, its management quality, the adequacy of its earnings, its liquidity and its sensitivity to market risk. Depository institutions whose overall CAMELS rating is toward the low, riskier end of the numerical scale-?an overall rating of 4 or 5-?tend to be examined more frequently than the highest-rated institutions, those with ratings of 1,2,or 3. ) Unusual or unexplained delays in receiving promised financial reports and payments or in communicating with bank personnel. 2) For business loans, any sudden change in methods used by the borrowing firm to account for deprec iation, make pension plan contributions, value inventories, account for taxes, or recognize income. 3) For business loans, restructuring, outstanding debt or eliminating vividness, or experiencing a change in the customer's credit rating. 4) Adverse changes in the price of a borrowing customer's stock. ) Losses in one or more years, especially as measured by returns on the borrower's assets (ROAR), or equity capital (ROE), or earnings before interest and taxes (BIT). 6) Adverse changes in the borrower's capital structure (equity/debt ratio), liquidity (current ratio), or activity levels (e. G. , the ratio of sales to inventory). 7) Deviations of actual sales, cash flows, or income from those projected when the loan was requested. 8) Unexpected or unexplained changes in customer deposit balances.
Friday, January 10, 2020
Book review Essay
Florence Industries, Inc. is a company which provides three entirely different types of products and services through three divisions of the company: consumer products division, industrial products division and professional services. Each division is treated as an entirely different company and the performance evaluation criteria is return on assets in recent years after major shift. Although, the divisions used to be treated as profit centres, this decision meant they are treated more as investment centres. The Company in 2008 & 2009: From the income statement for 2008 and 2009, it is noticed that there is an increase in revenue by 4% and 11% increase in net profit in 2009. From balance sheet for 2008 and 2009 it is noticed that Florence has issued shared and borrowed long term loan in order to invest in project required high asset cost as the company asset has increased by $ 50,460,000 during 2009. The Company has also declared a dividend to equity of $ 12,570,000 during 2009 and keep $ $11,736,000 to meet future expansion and expense of business Issues and Analysis: Rejecting Proposals Just Based On Gross Margin Requirement: CFO Ben Johnson has recently rejected the new product proposal of product development manager of consumer products division Calvin Marone as its estimated return of 13.67%(exhibit 1) per year was less than the 15% minimum gross return % requirement any new investment proposal should generate in order to get approve. The companyââ¬â¢s 2007 gross return was 9.3 % and Ben estimated that it should go up easily to 12% and set target for each division to bring new product proposal of more than 15% gross return generating capabilities. Then again, gross return of Company in 2009 after rejecting the Maroneââ¬â¢s proposal was 9.4%. Suppose if Maroneââ¬â¢s proposal would have been accepted, then the Company 2009 gross return would have been approximately 9.6% (Exhibit 2) which would have been even higher than 2008 gross return of 9.5%. So, rejecting proposals that would have actually been beneficial just based on gross margin estimations seems redundant. Return on Investment Comparatively Low In Terms of Free Cash Flow: As per the balance sheet of Florence, it is noticed that there has been an increase in cash balance of $ 390,000 during the year 2009 as compared to 2008 balance. During 2009, theà Company has generated cash of $ 42,756,000 from operating activities and $ 13,950,000 from finance activities. Further the Company has used cash of $ 56,316,000(Exhibit 3) in investing activities. Company has used its majority of cash flow generated from operational and financing activities in investing activities. However in case of Florence, the free cash flow is less than the amount of investment made by the company in 2009 which indicate that the company is highly dependent on third party finance for expansion. However, the company has taken initiatives to counter this. They have broken down divisions into investment centres as compared to cost centres which will help enhance the performance of the divisions and influence them to get more out of investments made. By converting the divisions in investment units, it become the overall responsibility of division managers to generate the profit to the company not only on the basis of revenue and expense but also on the basis of total asset employed in order to run the division. Same Performance Evaluation Standard for Each Division: There are some negatives that came out of the Investment Center approach. First, it may not be appropriate to use one Gross return performance standard for all divisions of Florence, considering differences in type of service provided, products, operations, risks, and differences in measurement because of asset age. These divisions cannot be compared with the same yardstick. For example, Professional services division does not use much asset so it will be inappropriate to measure its performance on the basis of gross return % (exhibit 4). Also, as division manager of Industrial Products division tried to explain, Consumer Products Division had a lot of old machines in their assets meaning those depreciated assets, whatever return they come up with, are making things look better in terms of return on assets than they are in reality. Moreover, including allocated corporate asset in the computation of gross return figure means that division and division managers are held accountable for costs and assets over which they donââ¬â¢t have any control at all. Recommendations: Have Other Evaluation Criteria Along with Investment Center Approach: The decision to treat divisions as investment center has its benefits. Benefits of this approach include improvement in operational decision making, reduction in cost of corporate administration, increased motivation atà division level, and freeing corporate management up for more effective utilization. However, there are some pitfalls as well. Just having return on assets as decision criteria isnââ¬â¢t enough and they should take other criteria into account. Criteria like Economic Value Added which takes into account costs of financing the capital or even simple Net Profit which judges the divisionââ¬â¢s profitability as a whole. And, to counter the problem of having too many old machines in the consumer products division compare to other divisions, the company could take out the depreciation and compare to see how it affects ROA as a whole when taken in to account and when not. That should give the company a clearer picture. Developing a Balanced Scorecard: Developing a balance scorecard should go some way to make sure performance evaluation is fair and is illustrative of actual performance as it takes into account different measures for different functions usually. In this case, Florence would of course has to make it about the divisions rather than functions of business. In the suggested balanced scorecard below (Figure-1) we can see a bit modified targets and measures for different divisions as their goals are slightly different. Figure-1 For both consumer products and industrial products divisions, returns based on both net profit and ROA are important and give a fairer comparison. Customer satisfaction (in Industrial products divisionââ¬â¢s case itââ¬â¢s more the satisfaction based on compliance with specific designs is another evaluation criteria for both and the target for both should be bettering last yearââ¬â¢s performance in each measures. For the professional services division, the growth has been rapid in recent years and retaining that growth will be important. Another important measure is corporate social responsibility i.e. environmental impact studies the division performs which not only is required by the law but also helps build reputation for the company and is part of CSR activities. So, itââ¬â¢s important to keep that into context. Develop evaluation criteria for new projects: Florence Industries Inc. needs to change evaluation criteria for new projects as it is noticed theyââ¬â¢re rej ected a project that would have been beneficial for them every which way just because it didnââ¬â¢t fulfil ROA requirement. Along with ROA, CFO Ben could also analyse the below mentioned points before accepting or rejecting any new project: 1)Project payback period 2)Project NPV (Net present value) 3)Project IRR (Internal rate of return) Conclusion: Florenceââ¬â¢s sales growth has been phenomenal for a new company and now itââ¬â¢s time to make some major managerial decisions that will shape the future. And, they have started doing so by transforming the divisions into investment centers from profit centers. While it is a good way to go, creating a balance is necessity and having a more comprehensive knowledge about how every division is doing based on more than one evaluation criteria will be important. Each division is run in their own way and the dissimilarities are far greater to just keep evaluating them based on the investment approach. Also, they canââ¬â¢t keep rejecting projects based on one simple requirement as it hinders the growth of the company. Thatââ¬â¢s why we suggest Florence Industries Inc. to be a bit more open-minded and take broader aspects in consideration and make things fairer for the divisions and the upcoming projects as well.
Thursday, January 2, 2020
Security Plan - 3820 Words
Introduction The purpose of this security plan is to elicit the potential threats to an organisation physical and electronic information holdings. Organisations in general are starting to take information security more sincerely due to the proliferation of mobile services, VPN connections, terrorism and natural disasters. We must however acknowledge that this very technology advancement is regarded as efficient but is also leading to a higher level of security risks. These risks must be mitigated to ensure the confidentiality, integrity, and availability of information assets. (The SANS Institute. 2007) The security team would like to report the following threats to the organisations physical and electronic information holdingsâ⬠¦show more contentâ⬠¦Effective Cooling / Notification systems The server rooms should also be adequately equipped with air-conditioning as well as sensors and monitoring systems to detect any failures. A server overheating can cause a fire and this could lead to various other threats to an organisations information assets. Backups A company must ensure that their data is backed up and also need to verify that the backed up data can be restored and stored in a save location. Incident Response Management A computer incident security response team (CISRT) together with incident response management will ensure a company can recover from a incident and continue normal services. Malicious Code, including viruses, worms and Trojans Digital attacks , mainly in the form of DOS denial of service through the use of malicious code, viruses, worms, Trojans and many more are a threat to an organisations information portal. Outsourcing Development and Support To remain competitive, the organisation should mitigate security threats when acquiring, outsourced development and support staff including implementation of host software applications. Software Development Methodologies Software development needs to be analysed and examined internally, and also to prevent any threats to our information the business should ensure theShow MoreRelatedSecurity Plan1490 Words à |à 6 PagesThe Security Plan Ashley Barker Introduction to Security Instructor Collins November 9, 2012 This assignment will be on the Clifton Liquor Store located in Clifton, Colorado. This essay will explain the entire floor plan of the store. Moving forward we will discuss the threats and evaluate the risk of each threat. We will point out the times in which the store is most vulnerable for each threat as well as counter-measures for each threat. We will then discuss the security measures the liquorRead MoreThe Security Plan1468 Words à |à 6 PagesThe Security Plan April Woolsey CJS/250 William Whitlach The purpose of this document is to show the security plan and layout of the Sappers Credit Union. 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This paper will advise some security planning and techniques to assist Voit Tool Die company strengthen and improve their security protection plan. 1. Introduction: Security data and information is very important for any company in the world. IndeedRead MoreImplementing An Effective Security Plan1210 Words à |à 5 PagesRecommended Security Plan In order to create an effective security plan, it is necessary to create a system that can be modified and adapt to changing threats. The ISO27005 standard details this process by breaking it down into four steps ââ¬â Plan, Do, Check, Act (Stallings Brown, 2012). The planning step involves performing a detailed risk assessment of the environment and creating a security plan. By examining the infrastructure and potential vulnerabilities, we have determined that controls are
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