In any business ensuring data security is a tremendously important issue, but even more important for mortgage
companies. Just think for a moment what measures you must take to secure
your
physical documents and computer network. Your physical documents must be shredded, disposed of in locked
bins and collected by professional disposal agents hired from private
companies. Your digital documents must be stored in encrypted format, behind firewalls and under virus protection.
Having a security breach at your mortgage company in which you lost client data could be devastating to your business. If you were to
have clients’ identities stolen, or become the victim of internet
theft, your reputation could be ruined and you could lose your business,
not to mention the inevitable lawsuits that would ensue. Many new
state laws and regulations require you, as a business owner, to provide
minimum protection standards to safeguard this critical information. Simply put, most small to mid-sized mortgage organizations simply do not comply. And really who has the time or resources to keep up with technology and regulatory issues?
In order to avoid this nightmare
situation you must ensure that your data is protected by the most
cutting edge security software, and administered to by experts. As a
business owner you can either take the time to learn this yourself,
which given the hectic and time consuming nature of the mortgage
industry is highly unlikely; hire a full time technology professional which can be risky and costly, or
outsource your technology needs to an experienced
technology company like focusIT.
Of the three options,
using
managed services company is clearly the most logical and cost effective choice. By hiring a technology expert
you ensure that your
Calyx Software,
Exchange Email Server and
SharePoint document management infrastructure are properly installed and administered 24 hours a day, 7 days a week. Your software and all of
your sensitive information is held on a hosted virtual server unique to your
company, and stored in a secure SAS70 Type II data facility. This means
that you, and only you, can access your files from anywhere without the
need to physically take your database with you. These servers are
protected with the latest security devices and overseen at all times to
ensure that your and your clients’ information is protected.
Don’t take the risk of exposing your clients’ information and your
reputation to lost or stolen data. The technology trends in mortgage banking are moving towards these type of managed or outsource IT solutions. Business owners see the value in moving their technology support to companies that focus on these services and spending more time on their business. If you are interested in this type of outsourced IT technology solution call the
experts at focusIT to learn more about securing your technology network. FocusIT is the largest Calyx PointCentral hosting company in the US.
