Question

Assets Corporation has accepted a contract to assist a small start-up firm, Memory Backup Company, in creating a security program to protect its new automated memory stick technology. Assets Corporation owner, James Fisk, has assigned you to the task of evaluating the need for safe storage. The following information is provided:

- The company keeps all its records on its own memory sticks.

- There is very little cash kept on the premises.

- The information regarding the development and production is kept on a memory stick.

- Threats include disasters, both natural and man-made, and theft, both internal and external.

- The firm cannot afford to lose the materials related of the manufacture of the stick to competitors.

1.What type of storage container would you tell Mr. Fisk to recommend in his security plan for Memory Backup Company?

Answer 1

Here are a few characteristics we will keep in mind while choosing the container:

• Medium sized : Since only memory sticks and some cash is to be kept
• Fire proof
• Heat resistant
• Dual lock
• Accessible to selected to management only