Meet Your PCI DSS & Other Financial File Transfer Requirements
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 financial file sharing processes and requirements.
It also meets several file transfer requirements for the following regulations and considerations:
SOX 404 and 409
Check 21 X9.37 (image files)
5 Ways that MFT Helps the Finance Industry
With MFT solutions, you can confidently facilitate internal and external enterprise data transfers, including sensitive, compliance-protected, or
Blog Post: 5 Ways that MFT Helps the Finance Industry
Secure Financial File Transfers for Banking and Finance from GoAnywhere MFT
Achieve a Higher Standard of Financial File Sharing
Control the exchange of sensitive cardholder data
GoAnywhere MFT's centralized controls, security settings, support for popular transmission protocols, and ease-of-use help authorized users transfer cardholder data with confidence.
Track file movements for easy auditing
GoAnywhere MFT automatically records and retains logins, file transfer transactions, and any encountered errors. These detailed audit logs and reporting features satisfy compliance regulations that require documentation of where cardholder or other financial data is transmitted.
Reduce costs, streamline processes, and free up resources
Automated workflows and transaction alerts allow IT staff to streamline mundane tasks, disconnect from business processes, and spend more time on other important projects.
I love everything about this software. We have reduced the number of hours needed for manual or tedious tasks saving us tens of thousands of dollars in labor each year. This software more than pays for itself in the hours we save and allows our employees to focus on higher level, less repetitive tasks. We currently utilize GoAnywhere MFT, Secure Folders, Secure Mail and Secure Forms. It does EVERYTHING.
Vincent M., Manager, IT Systems and Development
The stability and ease of use and setup have been lifesavers for us. We have been able to hand off almost all of our MFT tasks to our operations group, rather than taking programming resources for those functions. We also have seen a drastic improvement in the number of transmission errors or dropped connections. Support has also been excellent. Upgrades have been seamless, non-events. Above all, the price was significantly lower than almost all of the other MFT products we looked at. We couldn't be happier with this product.
Mark B, Senior Vice President of Programming, Banking & Finance
GoAnywhere MFT allowed us to eliminate and reduce the need for custom programming to transfer files and database records between dissimilar database management systems. We found GoAnywhere to be highly intuitive, flexible, and easy to use. Currently, we are using GoAnywhere to pump database records between MS SQL 2005 and DB2. We are also using GoAnywhere to centralize, automate, and securely transfer files between our Intel and System I platform via SFTP (SSH). GoAnywhere is additionally helpful for database importing and exporting of CSV files.
Van N. Sy, Vice President
With just shy of 500 jobs running in GoAnywhere, a conservative number would be half of our scripts, about 250, have been eliminated by centralizing things in this solution. And the automation of file transfers has helped to reduce workload in our organization by 20 percent.
Earl Diem, Sr. Manager, Performance and Automation Engineering, PSCU Financial Services
Select MFT Finance Customers
Meet PCI DSS Financial File Transfer Requirements
The integrity of personal information is regularly threatened by:
- Data breaches
- Credit card fraud
- Unsecure customer data
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.
Achieve PCI DSS-Compliant File Transfers
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.
A Customer’s Perspective: Think Mutual Bank
Amy Hoerle, Systems Administrator at Think Mutual Bank, shares how team at Think Mutual Bank uses GoAnywhere to:
- Communicate with vendors daily
- Automate manual processes
- Retrieve customer data
- Translate data files
- Backup files to local file server
- And more
GoAnywhere MFT: Key Component of Robust Suite of Cybersecurity Solutions
When it comes to locking down sensitive financial data, layered security solutions offer the best of all worlds. Fortra's suite of cybersecurity solutions, which includes GoAnywhere MFT, target the data security concerns financial institutions face, including:
- Vulnerability Management
- Digital Risk Protection
- Data Protection
- Managed Security Services
- Security Awareness Training
- IBM i Cybersecurity
Together, Fortra's security solutions for the financial industry can secure your sensitive data wherever it travels, close security gaps, prioritize risks, block threats to your institution, and protect your infrastructure with automated security.