Blog

Blog

Report Reveals Highest Cost of Data Breach Spike Since Pandemic

The game is changing. Data is still being breached but with AI and digitization running at full gallop, organizations may be facing breaches at a scope previously unimagined. IBM recently released their 2024 Cost of a Data Breach Report, highlighting some of these changes. This year’s findings may have the gravity to impact the way people think about protecting their data. General Trends This...
Blog

Folder Encryption Supports Financial Compliance

Encrypted Folders in MFT Can Help Meet Financial Industry Compliance RequirementsOrganizations in the financial sector that need to meet compliance requirements for PCI DSS, GLBA, or SOX can benefit from folder encryption functionality in their Managed File Transfer (MFT) solution. Utilizing folder encryption can help meet the mandate to encrypt sensitive data both in transit and at rest (or not ...
Blog

PeSIT Protocol: Advantages and Considerations

The PeSIT file transfer protocol, used primarily by financial organizations in Europe, enables files to be written and read from one machine to another on a point-to-point or point-to-multipoint basis. And, while it can certainly be used beyond banking, it remains one of the lesser known, but still secure and reliable file transfer protocols for the financial industry.
Blog

Sharing Financial Files: Benefits of MFT

Financial file matters matter. Not only are these files a top priority to the banks and financial institutions that handle millions of transactions daily, they also matter to the industry’s compliance regulators, and to the public trusting that their financial information is secured. How organizational and personal financial data is handled and...
Blog

HIPAA Compliance and File Transfer: What You Need to Know

HIPAA Compliance and File Transfer: What You Need to KnowThe Health Insurance Portability and Accountability Act (HIPAA) secures the Protected Health Information (PHI) of healthcare system users within the United States. Since the Omnibus Rule went into effect in 2013, millions of healthcare “business associates” have been included under the...
Blog

5 Ways that MFT Helps the Finance Industry

Managed file transfer (MFT) empowers organizations to reliably and securely exchange electronic data between systems and comply with various regulatory requirements. With MFT solutions, you can confidently facilitate internal and external enterprise data transfers, including sensitive, compliance-protected, or high-volume data. The financial...
Blog

What is DORA and How Can Organizations Comply?

Staying abreast of compliance requirements, even if they are not directly specified for your country, is still important, as your organization could be impacted, should you have offices in the affected country or provide services to an organization in countries where the regulations apply. What is the DORA Regulation? DORA, or Digital Operational...
Blog

Is FTPS HIPAA-Compliant?

Complying with stringent HIPAA requirements requires strong encryption protocols. GoAnywhere MFT utilizes FTPS, the more commonly used SFTP, and other protocols for secure file sharing.
Blog

Secure File Sharing for Banks Gets a Boost from GoAnywhere MFT

Secure file sharing for banks has always been of utmost importance and is only gaining traction in the face of common cybersecurity threats and compliance requirements alike. Requirements like PCI DSS, GDPR, GLBA, and more can make processes more complicated, even as the safeguards outlined within them promote data security to protect both...
Blog

Secure File Transfer Drives Compliance and Efficiency for Credit Unions

The unwavering protection of personally identifiable information (PII) is the foundation upon which financial and banking organizations build their services and instill trust in customers. Achieving this requires credit unions and related companies to navigate a fine balance between stringent data security and business efficiency to meet customer...
Blog

What is HITRUST Compliance?

HITRUST Compliance Helps to Manage RiskThe secure storage and transfer of sensitive data is of the utmost importance to the healthcare industry. Data security and complying with the Health Insurance Portability and Accountability Act (HIPAA) is paramount, yet doing so can often be complex and difficult to maintain.This is where HITRUST comes in as a...
Blog

Cybersecurity Concerns in Healthcare in 2022

Every year the healthcare industry is greeted with headlines stating that ‘last year was the most-breached ever.’ And that trend is unlikely to stop in 2022. The healthcare industry has historically been one of the most-targeted by hackers, and one of the most breached by internal actors. Key reasons why include vast amounts of extra sensitive...
Blog

GDPR and its Relationship with Healthcare

What is GDPR? The General Data Protection Regulation (GDPR) establishes protections for the privacy and security of sensitive data for individuals in the European Union (EU). The data protection regulation was designed to harmonize data privacy laws throughout the EU and replaced the long-standing Data Protection Directive. GDPR...
Blog

Who is Protecting Your Healthcare Records?

Patient Privacy is in Jeopardy: Data Breaches, High Payouts, and PHIHow important is a patient's privacy? If your organization is a healthcare facility, the instinctive answer that comes to mind is "Very important!" After all, a patient's privacy is the basis upon which a doctor/patient relationship is based.Right?When it comes to patient data, the...
Blog

The Top 10 Healthcare Data Breaches of 2020

2020 Was the Worst – in Healthcare Data BreachesData breaches can have catastrophic consequences on those who are unfortunate enough to suffer from one. From steep costs and/or fines (in the millions) to a ruined reputation, data breaches are not to be taken lightly. This is especially true for the healthcare industry, where sensitive patient data, or...
Blog

How to Use MFT as a Workflow Automation Tool in Healthcare

When it comes to managed file transfer (MFT) solutions, organizations across industries find them valuable for policy enforcement, user access control and authorization, risk reduction, and more. And when it comes to HIPAA and HITECH requirements, MFT shines as a secure workflow automation tool. MFT as a B2B Enabler What makes MFT a perfect...
Blog

How Cloud Technology is Transforming the Healthcare Industry

When you think of files in healthcare, you may think of illegible doctor notes, clipboards with unpronounceable drugs, or a hastily printed summary of your visit. The healthcare industry generates a lot of paperwork that makes its way into many hands, so how can healthcare organizations keep it flowing to the right places – and do so securely? ...
Blog

Can HIPAA-Certified Solutions Really Guarantee Compliance?

When searching for a new software solution to meet your organization’s needs, it’s easy to see the labels “HIPAA-Certified” or “HIPAA Compliant” and believe your bases are covered. After all, “HIPAA-Certified” means the product or application follows HIPAA’s privacy rules and has everything in place to protect your health and patient information,...
Blog

Compliance for Healthcare: Secure File Transfer Holds the Key

Complying with your doctor’s recommendations is the primary key to feeling good and staying healthy. Complying with the healthcare industry’s security standards and personal data protection requirements holds the key to avoiding an audit failure, paying steep fines, or trying to heal from the impact of a data breach. Sure, you can meet stringent...
Blog

8 Real Ways Financial Organizations Use GoAnywhere MFT

GoAnywhere MFT is the Ultimate Asset for Banking and FinanceFor banking and financial organizations, protecting sensitive customer data and meeting compliance requirements for regulations is critical.From controlling the exchange of sensitive cardholder data, to tracking file movements for easy auditing, GoAnywhere Managed File Transfer (MFT) is an...