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...

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...