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Folder Encryption Supports Financial Compliance

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 ...
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PeSIT Protocol: Advantages and Considerations

The PeSIT file transfer protocol, used primarily by financial organizations in Europe, enables files to be written and read from one machine to another on a point-to-point or point-to-multipoint basis. And, while it can certainly be used beyond banking, it remains one of the lesser known, but still secure and reliable file transfer protocols for the financial industry.
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Overcoming Distance and File Size When Transferring Files

How UDP-based Technology Helps with Long Distance and Large File Transfers “Relying on TCP-based file transfer protocols such as SFTP, HTTP, or FTPS on their own if you need to send files lightning-fast, from remote locations, or off-shore, can put you at a strategic disadvantage, as those protocols lack the acceleration and reliability of purpose...
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Sharing Financial Files: Benefits of MFT

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...
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5 Ways that MFT Helps the Finance Industry

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...
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What is DORA and How Can Organizations Comply?

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...
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Education Industry: How MFT Can Help Stretch Resources

Educational institutions, from preschools to university systems, face increasing pressure on budgets as well as personnel lately. When every minute and every dollar counts, bolstering existing resources where possible can offer a bit of relief.One way to stretch those human resources is by automating some of the tasks that are repetitive, mundane, and...
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Why Fast File Transfer will be Invaluable for Sports Broadcasters in the 2022 World Cup

The World Cup is the most-watched sporting event on the planet. The 2018 World Cup in Russia saw a record-breaking audience of 3.5 billion people, and the upcoming 2022 version hosted by Qatar is expected to be watched by five billion people. For sports broadcasters and media outlets, it is a hugely busy but rewarding time. It is an event that provides so much content to drive and engage...
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Secure File Sharing for Banks Gets a Boost from GoAnywhere MFT

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...
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Secure File Transfer Drives Compliance and Efficiency for Credit Unions

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...
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What Makes Audio and Music Files So Big?

If a tree falls in a forest, does it make a sound?Yes, but without the right tools to capture, process, and send the sound, no one will ever know. The same goes for any audio file: even with the right tools, it’s nearly impossible to capture, process, and send a sound with 100 percent accuracy. And even with the right tools, certain choices you make can sacrifice sound quality.Sound has been an...
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The State of Financial Services Cybersecurity

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...
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8 Real Ways Financial Organizations Use GoAnywhere MFT

GoAnywhere MFT is the Ultimate Asset for Banking and FinanceFor 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...
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How GoAnywhere MFT Helps Education Receive an A+ in Secure File Transfer

GoAnywhere MFT is the Best in ClassThe education industry is entrusted with confidential and high-risk student, faculty, and third-party data all year round. From enrollment material to personal information like social security numbers and employment records, educational institutions must be vigilant in protecting data.No matter if on or off campus,...
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How Banks are Benefiting from MFT Integration

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...
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How 3 Financial Institutions Solve File Transfer Needs with MFT Software

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...
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The Best Cybersecurity Strategies for Banks and Financial Organizations

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...
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5 Ways to Protect Your Financial Organization from a Data Breach

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...