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 ...

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...

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...

From Robin Hood to Bonnie and Clyde to Equifax, banks and the finance industry have been in jeopardy since the beginning of recorded history. For one, banks and financial services are enticing targets. The promise of a big payout, whether by breaching the vault or ransoming sensitive personal data, is what keeps would-be bank robbers and cyber...

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...

Banks and financial institutions, take note: though the year is almost over, no one is safe from a data breach. Industries across the board have seen 4.5 million records stolen so far in 2018—a staggering 133% increase over those compromised in 2017.As you create updated cybersecurity plans and data breach prevention strategies for the new year, it’s...

While several industries, including business and education, make up a big portion of yearly data breach counts, banks and credit unions aren’t left risk free. According to the Identity Theft Resource Center (ITRC), the banking/credit/financial sector totals 5.8% of 2017’s data breaches as of June 30, 2017. That’s up two percent from 2016’s first...