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Why 2019 is the Year to Invest in Secure File Transfer ?

par HelpSystems • 04 Jun 2019

Are You in the Business of Securing Your Data?

Securing your data may sound like a simple concept, but in reality, it is no easy feat. Keeping your sensitive data secure is key for keeping your organization running smoothly. Breaches in data are not only messy, but they can be costly. They also can fracture the trust an organization may have built up with its customers or targeted audience.

So, what can you do about this? In order to keep your data secure, it may be helpful to look at some of the key considerations businesses should focus on in 2019. Read on to review what business considerations may apply to you, your data loss protection, and secure file transfer needs.

To know more about MFT  – GoAnywhere Rewards

What Are the Key 2019 Cybersecurity Statistics to Know?

Cybersecurity attacks in the workplace are growing in prominence and are a huge threat to companies all over the world. Cyber warfare should never be underestimated due to the crippling side effects that can happen after an attack takes place. The effects are vast and serious, including the damage or destruction of data and the theft of personal, financial, and intellectual property.

Currently, the growing dread surrounding cybersecurity is getting worse. According to a study by Gallup, Americans are officially more worried about cybercrime than actual violent crimes. The most common worries now are becoming a victim of identity theft and being hacked.

In January 2019 alone, approximately 1.8 billion user records were leaked. This is alarming when you consider that all this leaked data occurred within just one month of the year. This dramatic upward spiral of data breaches and data loss trend is also incredibly costly. According to the 2019 Official Cybercrime Report by Cybersecurity Ventures, damage related to cybercrime is predicted to cost in excess of $6 trillion annually by 2021. For just one organization, the total cost of a successful cyber attack is over $5 million, or $301 per employee.

The most expensive component of a cyber-attack is information loss, which represents 43 percent of costs. In order to combat the growing cybersecurity incidents out there, making sure that your data is transferred smoothly, and your information is kept secure, is critical.

GoAnywhere’s secure managed file transfer (MFT) solution is an awesome resource for helping with cybersecurity needs. At its core, MFT is a robust solution that meets all aspects of inbound and outbound file transfers through industry-standard protocols (e.g., SFTP and FTPS) and encryption technologies (e.g., Open PGP). However, MFT isn’t just for sending files seamlessly between users and systems, it’s also great for data loss protection. MFT comes with many features and modules that can used to automate processes, ensure secure connections, track file transfer activity, and much more!

Is the Cloud All it is Cracked up to Be?

Cloud computing is a useful and on-demand way of storing data and computing power, all without direct active management by the user. Generally, cloud environments may be limited to a single organization or they may be available to many organizations – or they can be a combination of both. They’re truly a great resource since they don’t need to be installed on each user’s computer and can be accessed from different places like multiple work locations or while traveling.

When it comes to cybersecurity, the cloud can be a dangerous resource as it often serves as the main hub for all kinds of sensitive data that needs strict protection. One hub is great, but not great if there is a security breach. However, there is great news for GoAnywhere MFT users!

GoAnywhere MFT can be installed in the cloud, on-premises, or within a hybrid environment. GoAnywhere’s cloud connectivity features provide the flexibility to partially or completely migrate to an Azure or Amazon cloud infrastructure. GoAnywhere also offers easy working access to web and cloud services like SharePoint, Salesforce, and Dropbox using the easy cloud integrations. These integrations, called Cloud Connectors, are enabled through connections with APIs like SOAP and RESTful web services.

No matter how important the file a trading partner requests or how much billing and contact info you may have to send, Cloud Connectors let you easily, and securely, integrate with the web apps you use every day.

How Important is Automation?

If you are in charge of transferring a large number of files filled with sensitive data, then automationshould be your best friend. If IT staff members are spending countless hours waiting on inbound and outbound transfers, or manually processing data, then precious time is being wasted. Valuable hours don’t need to be spent translating one file format to another or troubleshooting when a file transfer fails. All of this can be avoided.

By utilizing a secure file transfer solution like GoAnywhere MFT, not only can you automate your file transfers securely and scale with a growing volume, you can reduce priceless amounts of time and money spent, as well as other resources. Ensuring that files get from Location A to Location B with little-to-no error doesn’t need to be a pain. Let’s be honest, manual scripts and homegrown tools are so 2010.

Does Compliance Really Matter?

Data security compliance for secure file transfer is more vital than ever! Compliance with industry security standards is an issue that tends to put pressure on organizations of all sizes, but without the right solutions and policies, manually gathering the required data and creating audit reports can add hundreds of hours to IT’s workload.

Furthermore, data loss protections and security regulations are in place for a reason – misunderstanding current data security standards could lead to a costly data breach, and fines for non-compliance are going to continue to rise every year. The amount of sensitive data being processed and shared between businesses isn’t showing any signs of slowing down, so compliance is not something that can just be swept under the rug.

GoAnywhere MFT easily meets the requirements for common compliance standards, including PCI DSS, HIPPA, GDPR, and FISMA:

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