The Importance of Local Data Storage for Banks

Topic Breakdown –
Project Topic – A small local Texas bank hired a external company to house their datacenter. The external company is under fire because of a security breach. This breach is causing the bank to want to house their data locally.

Problem Statement or Project Purpose – Texas Bank began as a modest family-owned bank and has now expanded to become a Fortune 500 organization seeking to compete with other larger banks in the market. There have been concerns with the virtualization of Texas Bank’s networks and systems. Although Texas Bank has network administrators, systems administrators, and engineers on staff, they are having trouble monitoring their operations due to their IAAS plan with a third-party provider. A few weeks ago, the vendor had a data breach in which three individuals posing as Hvac technicians gained access to the server warehouse and were able to attach USB sticks with malicious payloads. Though the data of Texas Bank was not compromised, the organization is now planning to build in its own data center that must utilize the greatest degree of protection to ensure that physical security is never compromised.

Project Scope
a. Project Goal(s) and Supporting Objectives –
a.1 Design and construct the allocated area for said intended data center.
a.2 Implement access control precautions to ensure that the server farm’s security is not compromised.
a.3 Have a process for daily operations.
a.4 Include a summary of the expenses connected with personnel wages that are necessary for the datacenter.

b. Project Outcomes and Deliverables –
b.1 A policy and plan for datacenter security
b.2 A server layout detailing the components by service
b.3 Strategy of operating and sustaining the datacenter after its implementation
b.4 Cost breakdowns for personel and operations of the datacenter

c. Projected Project End Date –
c.1 In four weeks, the project will be done
c.2 In the first week, the datacenter is inspected and a facility layout is created
c.3 Week two is utilized to establish safeguards and a security plan
c.4 Week three the hardware will be installed in the datacenter, provisioned, and connected to the bank’s Isp
c.5 Week 4 Verify that security precautions are set and business processes are operating smoothly.

IMPLEMENTATION and EVALUATION:
Describe how you will approach the execution of your project –
Assess the physical security risks observed in the majority of datacenters.

1. Creating a layout using the allocated space by Texas Bank and outlining protective measures.
2. Specifying where equipment will be installed and how it should be physically accessible.
3. Install physical security precautions.
4. Determine the amount of money needed to adequately staff the center.
5. Verify all security protocols and ensure that operations are functioning normally.