Mcbride_Financial_Services

Toxic chemicals such as nickel, cadmium and chromium induce a chronic risk to the ambient environment; this is true accidental release of chemicals that are hazardous, like chlorine (Manju, 2008). The manufacturing industries should understand the wider context of IRA (integrated risk analysis). It has been noticed that if BRF (background risk factors) are included in IRF (individual risk factors), which are related to the manufacturing industry, and which may notably change the planning and sitting policies of that firm. Thus, toxic chemicals should be used in the vicinity of manufacturing industries so as to control the probable risks, that is, the individual risk factors and the background risk factors (Gurjar, 2008). The use of toxic chemicals should be in the vicinity of manufacturing industries so as to develop regulations. These regulations are: Hazard identification which aims at giving employees with chemical-identity information; and private treatment for identity of the toxic chemical. The process of using a blue print machine is in essence the cyanotype process (Mike, 2009). This means that the paper is coated with a photosensitive compound, which encompasses potassium ferricyanide and ammonium citrate. If this receives extensive light, it can be made into blue-ferric ferricyanide, which is insoluble. Those chemicals that are soluble will be cleaned with water and have a faint marking that will be left. Offset printing and printing proofs are usually produced by similar processes. Blue print machines are normally used in rolling stock, ship-building and manufacturing railway steam engines. The material that is coated and ready for use has a shelf-life of three days (Mike, 2009). In the field of CCS (Carbon Capture and Storage), an important issue is safe transportation of carbon dioxide Jeffrey (2008). If a high pressure transportation facility leaks, it can be a danger to persons and may result to environmental damage. This will depend on the concentrations of CO2 achieved and the amount of CO2 that is released to the atmosphere. With regard to risk assessment, Gaussian model is used to undertake the atmospheric dispersion of gases. The preliminary point for the Gaussian model calculation is a static carbon dioxide cloud, which avoids the initial dispersal phase that involves the jet. During the transportation of CO2 using high-pressure transportation facilities, any CO2 leak that is significant would at first, be at a terrific pace that has a swift breeze air. It will give a premature dispersal of the gas, which depends of air rate. Also, a CFD model can be used in situations where the modular transportation system looses. This is a risk assessment because it will enable the initial jet to be modeled explicitly (Jeffrey, 2008). Businesses such as McBride can be susceptible to money laundering, that is, when they advertise various assignments together with jobs for tender, those contracts will automatically underbid by bogus companies. Considering last year alone, 10 percent of businesses were victims of corporate identity theft, whereby, the target criminal uses web services and counterfeit products (posing as official) to steal a business brand or name. For instance, if a company moves its offices, the buildings are usually left behind with a build-up of financial material. This information can be used by a fraudster who will portray him/herself as legal business, which he/she uses to carry out money laundering or nefarious activities. Most organizations have been victim of phishing, that is, a fraudster attempts to acquire clients and/or customers personal detail through e-mail. For example, criminals use false information to convince customers to disclose their clandestine information, like PIN numbers, credit card numbers, and account numbers. The person doing the fraud then tries transferring money out of the account of the customer to offshore destinations (Ross, 2009). McBride Financial Services should report those transactions that look suspicious and that are associated to terrorist activity to FinCEN (Financial Crimes Enforcement Network), which will assist to ease the instantaneous transmittal of the information to law-enforcement Conclusion The market plan for McBride Financial Services is an effort to assist it to achieve its expansion goals. As a result, it can be vulnerable to risks which might have an effect on the operation of the corporate. Therefore, it is necessary to prepare a risk assessment for the management team of McBride in Idaho. This will assist to identify the probable risks that can affect the company, which are mainly issues related to IT, and they encompass: disaster recovery, auditing and security. While preparing the risk assessment the paper considered: the use of toxic chemicals; use of blue print machines; transportation of dangerous substances; potential targets of criminal activity; and potential targets of terrorist activity. The potential risks of business in Idaho may encompass employee errors, hackers, application failures, power outages, terrorism, denial of attacks, etc. The major issues to consider are mainly ethical. The recovery procedure that one can recommend in this situation is planning (data recovery and contingency). Planning the continuity of a business can be time consuming and expensive. Although, losing the systems, functions, and processes of the business, as well as, financial data, the company and customer can be overwhelming. As a result, a corporate ought to put up a plan, train and test the plan more often. References: Gurjar B and Manju M (2008): Integrated risk-analysis for chronic and acute exposure to toxic chemicals, Atmospheric Chemistry. Accessed on 6th February, 2010 from: International Narcotic Control Strategy Report (2009), US Department of State, February, 28, 2009 Jeffrey H (2008): Issues to consider-Mitigating Risk with Planning. Accessed of 5th February 2010 from: http://www.eric.ed.gov/ERICWebPortal/custom/portlets/recordDetails/ Mike W (2009): Cyanotype- the art, history and science of photographic printing-Prussian blue Ross B and Sherman W (2009): Worlds top banks laundered money, NY Daily News