Financial transactions absolutely depend on the sharing of sensitive files. Without adequate process and workflow management, files in motion can put data at risk. In order to establish and maintain trust with customers and other stakeholders, file security must be assured, especially when it comes to compliance with cybersecurity standards for external file transfer processes. Risk and Compliance regulations mandate governance, reporting and security controls to ensure that file transfers comply with SEC, FINRA oversight, PCI-DSS, GDPR and Sarbanes-Oxley rules. Maintaining full control and visibility over all file transfer activities calls for a standardized solution that can address all of these pressing needs.
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.
Progress MOVEit managed file transfer protects files in sensitive financial transactions with encryption at rest and in transit. It provides a multi-layer security environment, automation that scales without human intervention, and a flexible architecture that supports high-availability deployments. Its ease-of-use and robust governance controls enable a secure digital experience while ensuring compliance with the most important cybersecurity standards. MOVEit’s built in audit trail, reporting, and automation features enable the easy implementation of the most demanding security and compliance controls.
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.