With The Description Of The Business Environment The Fiction ✓ Solved

With The Description Of The Business Environment The Fictional

With the description of the business environment (the fictional company that has opened in a shopping mall) in mind and your policy review and research complete, create a new security strategy in the format of a company memo in which you do the following:

1. Describe the business environment and identify the risk and reasoning. Provide a brief description of all the important areas of the business environment that you’ve discovered in your research. Be sure to identify the reasons that prompted the need to create a security policy.

2. Assemble a security policy. Assemble a security policy or policies for this business. Using the memo outline as a guide, collect industry-specific and quality best practices. In your own words, formulate your fictional company’s security policy or policies.

3. Develop standards. Develop the standards that will describe the requirements of a given activity related to the policy. Standards are the in-depth details of the security policy or policies for a business.

4. Develop practices. Develop the practices that will be used to ensure the business enforces what is stated in the security policy or policies and standards.

Paper For Above Instructions

To: ALL EMPLOYEES

From: MANAGEMENT

Date: [Insert Date]

Subject: New Security Strategy Memo

As we continue to navigate the dynamic environment of retail within our shopping mall, it has become essential to enhance our security strategy to ensure the safety of our employees, customers, and assets. This memo outlines our newly developed security strategy based on a thorough analysis of our business environment, identified risks, and relevant best practices.

1. Business Environment and Risk Identification

Our company operates in a bustling shopping mall that caters to a diverse clientele. The business environment includes various retail outlets, food courts, entertainment facilities, and communal spaces, all of which present unique security challenges. Key aspects of our environment include:

  • Foot Traffic: High pedestrian volume increases the likelihood of theft and disturbances, requiring vigilant security measures.
  • Crowded Spaces: Events and promotions attract large crowds, creating potential risks for crowd control and emergencies.
  • Retail Vulnerabilities: Merchandise theft, shoplifting, and potential internal fraud necessitate robust surveillance and employee training.
  • Digital Security: Customer data protection and transaction security are paramount as we move towards a more digital retail environment.

Based on our risk assessment, the need for a comprehensive security policy arises from:

  • Increased instances of theft and vandalism observed in our vicinity.
  • Regulatory compliance requirements regarding data protection and workplace safety.
  • The necessity to cultivate a safe shopping environment for our customers, enhancing overall customer satisfaction and trust in our brand.

2. Security Policy Assembly

In response to the identified risks and areas of concern, we propose the following security policy:

  • Employee Security Training: All employees must undergo annual training on security best practices and emergency procedures.
  • CCTV Surveillance: Installation of high-definition security cameras at all entry points and key internal locations to deter theft and document incidents.
  • Access Control: Limit access to restricted areas such as stock rooms and administrative offices using key card systems.
  • Incident Reporting: Establish a standardized incident reporting protocol, including a dedicated hotline for immediate reporting and response to security breaches.

This policy will support our business goals by minimizing risks, ensuring compliance, and fostering a secure environment conducive to shopping and employee productivity.

3. Standards Development

The following standards will be implemented to enforce the security policy:

  • Training Compliance: 100% of employees must complete security training and pass a knowledge assessment before interacting with customers.
  • Surveillance Monitoring: CCTV footage will be monitored in real-time, with recordings maintained for a minimum of 30 days for investigation purposes.
  • Access Control Audits: Access logs for restricted areas must be reviewed monthly to identify any unauthorized access attempts.

These standards will provide clear expectations and accountability in upholding our security measures.

4. Practices for Enforcement

To ensure compliance with our security policies and standards, we will implement the following practices:

  • Regular Security Audits: Conduct quarterly audits of physical security measures, technology systems, and employee compliance to identify areas for improvement.
  • Feedback Mechanism: Establish a feedback platform for employees to report security concerns anonymously, ensuring ongoing improvement of our policies.
  • Emergency Drills: Schedule semi-annual emergency drills to ensure all employees are prepared to respond appropriately to security threats.

By adhering to these practices, we can maintain a proactive stance on security, effectively protecting our employees and customers.

In summary, our newly developed security strategy responds to the unique challenges presented by our business environment in the shopping mall. By implementing a comprehensive security policy, establishing clear standards, and enforcing best practices, we aim to create a safe and secure shopping experience for all.

References

  • National Institute of Standards and Technology. (2018). Framework for Improving Critical Infrastructure Cybersecurity. NIST.
  • Security and Privacy in the Cloud. (2020). Best Practices for Securing Cloud Computing. Cloud Security Alliance.
  • National Cyber Security Centre. (2021). The Cyber Security Body of Knowledge. UK Government.
  • Federal Trade Commission. (2020). Protecting Personal Information: A Guide for Business. FTC.
  • International Organization for Standardization. (2013). ISO/IEC 27001:2013, Information Technology - Security Techniques - Information Security Management Systems. ISO.
  • FBI. (2022). Shoplifting and Theft Prevention. Federal Bureau of Investigation.
  • U.S. Department of Homeland Security. (2021). Best Practices for Retail Security Awareness. DHS.
  • International Association of Professional Security Consultants. (2019). Retail Security: Protecting Our Assets. IAPSC.
  • Data Protection Authority. (2021). Data Protection Guidelines for Retail Businesses. DPA.
  • Business News Daily. (2022). Creating a Security Policy for Your Business. BND.

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