Insurance relies on the regular sharing of PII, PHI, and other sensitive information through secure file sharing. Automating and scaling secure file sharing can be a challenge, especially when organizations rely on human intervention or a plethora of unmonitored file transfer clients to get the job done. In every transaction, files must be kept secure at rest and in transit with the highest levels of encryption. Complete visibility of all file transfer activities is needed to assure compliance with SLAs, governance policies and regulatory mandates. Adoption of secure file sharing tools has to be easy and intuitive for everyone within an organization in order to minimize the risk security breaches and data loss.
To assure regulatory compliance, banks should replace ungoverned document transfer methods with secure, reliable, and compliant information exchange processes that ensure data security and integrity.
When evaluating Secure Managed File Transfer Systems or alternatives, you should look at how these offerings deliver against four categories—confidentiality, integrity, availability, and auditing—of features that contribute to compliance.
MOVEit managed file transfer is the best way to add secure file delivery to insurance claim processing systems. Built-in tools and reports enable you to find and fix problems before they impact users and services. Meet PCI-DSS, GDPR, and other critically important cybersecurity standards with file sharing capabilities that are powerful, intuitive, and easy to use. Delivering a superior digital experience demands the MOVEit, the leading secure managed file transfer application.
Increasingly strict data protection regulations mandate that networks, user access, databases and business processes are secured to protect financial data and customers’ Personally Identifiable Information (PII). The MOVEit suite of Secure Managed File Transfer products assures encryption of external data transfers, delivery to the intended recipient and detailed audit logs. MOVEit provides the security features and flexible deployments that enable you to meet SOX, GLB, PCI and GDPR data protection requirements.
MOVEit managed file transfer enables consolidation of disparate file transfer processes under a single management tool with end-to-end visibility, performance reporting and audit trails. It accelerates the development of new services, on-boarding of new external partners, and reduces on-going resource requirements with easy-to-use workflow automation. Its flexible architecture allows you to configure an exact match to your business continuity needs from high-availability to complete failover.
The profitable growth of your business requires the smooth roll-out of new or improved services and fast on-boarding of new partners and out-sourced vendors. Scalable IT operations are an essential ingredient for success. MOVEit provides the ideal platform to support the accelerated roll-out of new services or improvements to existing services such as loan approval processes and customer online banking.