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 secured is a heavy responsibility, most often landing...

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 sector is among the most heavily regulated industries in...

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 Resilience Act , is a regulation that applies to...

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 businesses and their clients in the face of cyber threats...

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 needs and evolving compliance requirements...

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-criminals trying new tactics year after year. The data...

GoAnywhere MFT is the Ultimate Asset for Banking and Finance For 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 optimal solution for the banking and finance...

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 complexity. A comprehensive managed file transfer...

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 finance have a lot to worry about. From expanding...

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 imperative to look at how you’re securing...

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 half, a bigger rise than every industry sector...