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...

HIPAA Compliance and File Transfer: What You Need to Know The 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 compliance umbrella, facing the same requirements...

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...

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.

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...

HITRUST Compliance Helps to Manage Risk The 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 certifiable and recommended framework trusted...

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 patient data, higher-than-average payouts, and a slow...

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 regulations apply to organizations located within the EU, as well as...

Patient Privacy is in Jeopardy: Data Breaches, High Payouts, and PHI How 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 real answer may surprise you. While, of course...

2020 Was the Worst – in Healthcare Data Breaches Data 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 Protected Health Information (PHI), is the...

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 compliant file transfer tool for HIPAA? Besides security...

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? Many healthcare organizations are still relying on...

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, right? Unfortunately, no. While such a badge or...

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...

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 compliance requirements through legacy or manual...

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...

GoAnywhere MFT is Just What the Doctor Ordered The healthcare industry is a complex system full of regulations to comply with and highly sensitive data to move from one location to the next. From dramatic cost cutting, to eliminating manual processes, to strengthening data encryption and more, GoAnywhere Managed File Transfer (MFT) is just what the doctor ordered for the healthcare industry. What...

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...