This five-part series on managed file transfer (MFT) focuses on key concerns, such as security and efficiency, as well as how managed file transfer solutions can help address these issues. This first post explores why secure file transfers have become essential in today’s business world.
This five-part series on managed file transfer (MFT) focuses on key concerns, such as security and efficiency, as well as how managed file transfer solutions can help address these issues. Read the first post below to learn why secure file transfers have become essential in today’s business world.
Globalization is a fact of life for business operations. Project teams are comprised of employees who work in multiple locations around the world and it is common for teams to collaborate closely with external partners. Projects can’t move forward unless team members can share information─ and that means transferring files.
Simultaneously, the evolving regulatory and business environment has changed the way organizations look at data protection and file transfers. Is your organization concerned with any of the following issues?
- Auditing requirements for publicly-traded firms. Publicly-traded companies are concerned with compliance with the Sarbanes-Oxley (SOX) Act of 2002 and the Basel II Accords of 2004. In light of these regulations, auditing firms have become sensitized to the risks associated with uncontrolled file movements. This is a key focus area for auditors.
- Compliance with data privacy legislation. Healthcare organizations in the United States must comply with both the Health Insurance Portability and Accountability Act of 1996 (HIPAA), as well as the HITECH (Health Information Technology for Economic and Clinical Health) Act of 2010. In the European Union, the Data Protection Directive regulates the processing of personal data.
- High visibility security failures. Security failures create major operational problems for organizations, but they also can put a company’s reputation and brand at risk. Consider the public relations nightmares caused by recent WikiLeaks and Anonymous attacks.
The reality is that sensitive data must be protected at all times, both in rest and in motion. Organizations must take steps to ensure that their information is secure, as employees transfer files to colleagues in distant locations and with business partners.
Interested in learning more? Be sure to visit the blog again on Thursday when we further explore this topic. In the meantime, be sure to download Attunity’s whitepaper: “Managed File Transfer: Securing the Way Organizations Deliver Files”.