Write 5 pages with APA style on Security and a Recommendation Memo to the CIO. The controls have to be established and implemented, monitored and reviewed, as well as improved accordingly. This would ensure that the organization’s security, as one of the many business objectives, is achieved. This involves governing the privacy, security, as well as confidentiality of the organization’s data. All users of the organization are required to follow the Banking Solutions Inc. policies. It is also required that the organization’s employees maintain a shared responsibility regarding the security of the organization’s information with respect to their departments.

Purpose

The main purpose of this security plan is to see that Banking Solutions maintains confidentiality, integrity, and data availability. The plan also will ensure that Banking Solutions defines, develops, and documents information policies as well as procedures supporting the goals and objectives of the organization. The plan also aims to allow Banking Solutions to satisfy responsibilities regarding the legal and ethical requirements with respect to the organization’s IT resources. The security policies and procedures stand for the organization’s foundation. Internal controls would provide a system of checks as well as balances meant for identifying irregularities, preventing waste, as well as fraud and abuse of information.

Scope

The plan will apply to the whole organization including the management, employees, and other stakeholders. The key idea is to ensure data security. The information to be protected is typically part of the organization’s assets such as data, images, text, software, and related information resources whether stored online, on computers, or on paper among other storage media.

IT Governance Committee and Responsibilities

Its governance is typically the management’s responsibility. It consists of aspects such as the leadership, the organizational structure, and the process for ensuring that IT sustains and extends the organization’s strategies and objectives.&nbsp.