For banks and financial organizations, protecting sensitive customer data and meeting key compliance requirements for regulations like PCI DSS is of the utmost importance. The tasks that accompany these goals can be simplified and secured with managed file transfer.GoAnywhere MFT is a secure file transfer solution that works for banks and financial organizations and their business associates to streamline, encrypt, and automate critical file transfer processes and requirements.
It also meets several file transfer requirements for the following regulations and considerations:
SOX 404 and 409
Check 21 x 937 (image files)
Data breaches, credit card fraud, and unsecure customer data regularly threaten the integrity of personal information. Current cybersecurity measures and file transfer requirements are necessary to keep financial data and bank transfers safe from increasing risk, but surprisingly, many organizations’ file transfer processes are lacking, creating accidental risks for their data security.
Some banks and financial organizations use home-grown scripts or legacy file transfer methods to protect their file transfers, but these processes leave them open to vulnerabilities and data breaches. The methods can be outdated, complicated, and prone to user error. It’s critical to follow PCI DSS requirements for file transfers instead in order to keep cardholder data safe from unauthorized access.
GoAnywhere MFT can help organizations in the banking and finance industry achieve PCI DSS-compliant file transfers. Explore the security requirements we can satisfy for this standard in our datasheet on meeting the Payment Card Industry’s standards with GoAnywhere MFT.Learn More
GoAnywhere MFT's centralized controls, security settings, support for popular transmission protocols, and ease-of-use help authorized users transfer cardholder data with confidence.
GoAnywhere MFT automatically records and retains logins, file transfer transactions, and any encountered errors. These detailed audit logs and reporting satisfy compliance regulations that require documentation of where cardholder or other financial data is transmitted.
Automated workflows and transaction alerts allow IT staff to streamline mundane tasks, disconnect from business processes, and spend more time on other important projects.
Amy Hoerle, Systems Administrator at Think Mutual Bank, shares how team at Think Mutual Bank uses GoAnywhere to: