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

Transferring Government Files: MFT Addresses Biggest Challenges

Whether big government or small, assuring the security of files in the public sector is of utmost importance for security, as well as assuring any information from citizens is protected. According to 2021 US Census data, there are 90,000 government entities. Protecting the data these agencies handle is admittedly a big lift.Not only are government...
Blog

Protecting Vital Government Information with MFT

When it comes to information security, few industries top the government – at all levels – when it comes to requirements and compliance designed to protect the sensitive data it collects, manages, and exchanges. And while it may seem like just more red tape, these standards and requirements are for the benefit of the people as well as 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

Cybersecurity Tips: Boost File Security During Busy Holiday Season

Tis the season to be cautious when it comes to cybersecurity. With the holly jolly season upon us, it’s important to remember that there are a bunch of clever Grinches out there, determined to snatch your organization’s or your personal data for financial gain.Holiday Scams: A Cybersecurity Lump of CoalBlack Friday and Cyber Monday may have come and...
Blog

Secure Government Files with a Managed File Transfer Solution

If government IT departments were to debate on key cybersecurity issues, one that likely keeps people up at night is how to help ensure their sensitive, often top-secret, data is secure when being sent in and out of their network. While there may be several candidates in the running to address this cybersecurity issue, a leading solution contender...
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

5 Ways Government Can Improve Cybersecurity Resilience

Cybersecurity for Government is CrucialIn these trying times government agencies everywhere must be resilient when it comes to cybersecurity.Cyber resilience is an organization’s ability to prepare for, respond to, and recover from cyber threats. A cyber-resilient organization can adequately adapt to known and unknown crises, threats, adversities, and...
Blog

How GoAnywhere MFT Maximizes File Transfers for the Retail Industry

GoAnywhere MFT Secures Customer Data for the Retail IndustryProtecting customer data integrity is crucial for the retail industry. Data breaches are no joke, especially when a company’s reputation is on the line. There really is no room for error when highly sensitive credit card data and other personal information could be compromised by hackers at...
Blog

The State of Financial Services Cybersecurity

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...
Blog

How Government Organizations Secure Data with GoAnywhere MFT

GoAnywhere MFT is an Executive Option for Government AgenciesGovernment agencies face many significant regulations and security policies when it comes to protecting sensitive data year-round.GoAnywhere Managed File Transfer (MFT) protects data confidentiality in public sector organizations by helping agencies meet the strict requirements they’re...
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...
Blog

How Banks are Benefiting from MFT Integration

Trying to integrate and tie diverse internal and external banking applications, branches, systems and trading partners together so they work seamlessly with internal and central banking applications can have your IT department constantly untangling complex knots to ensure transactions and information flows easily.There is a way to untangle this...
Blog

Public Defender’s Office Reduces Manual Data Entry with Secure File Transfer Software

Every organization has legacy processes. Manual data entry, file cabinets full of paper records, sensitive documents sent across the organization by email, or even file transfers sent via homegrown scripts or FTP—all these processes can cause more headaches than their worth. Unfortunately, implementing a new strategy to replace a legacy one isn...
Blog

How 3 Financial Institutions Solve File Transfer Needs with MFT Software

On a scale of 1-10, how would you rate the efficiency of your file transfers right now?If you use manual scripts, legacy software, or a myriad of free tools to balance your encryption, automation, cybersecurity, reporting, and collaboration needs, it’s possible you’ll rate your efficiency low on the scale. After all, professionals in banking and...