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Citi fined $500K

Citi was recently fined $500,000 by the Financial Industry Regulatory Authority (FINRA) for its failure to pick up on an employee skimming over $750,000 from the accounts of 22 Citi customers over the last eight years . When I first read the headline, my initial thought was that this was […]

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Can a file transfer system enable central management and control?

You might say that the entire point of a Managed File Transfer (MFT) system is to do exactly that: provide centralized management and control. For example, let’s say that your company is subject to the Payment Card Industry Data Security Standard (PCI DSS). Requirement 4 of PCI DSS is to “encrypt […]

Also posted in Advanced File Services, Auditing, Compliance, Enforcement, FTP, Integration, Interactions, Ipswitch, Ipswitch Products and Services, Managed File Transfer, Management, MessageWay, MOVEit, Person-to-Person, Security, WS_FTP Server | Tagged , , , , , , , , , | Leave a comment

Why do I need Managed File Transfer? Isn’t FTP enough?

Possibly not. The Internet’s venerable File Transfer Protocol (FTP) is usually supported by Managed File Transfer (MFT) systems, which can typically use FTP as one of the ways in which data is physically moved from place to place. However, MFT essentially wraps a significant management and automation layer around FTP. Consider some of […]

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When transferring files, isn’t all encryption the same?

Definitely not. To begin with, there are numerous kinds of encryption—some of which can actually be broken quite easily. One of the earlier common forms of encryption (around 1996) relied on encryption keys that were 40 bits in length; surprisingly, many technologies and products continue to use this older, weaker form of encryption. […]

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You must protect the security AND privacy of confidential information

Here’s a great article by Brian O’Connell of CPA Site Solutions on how to deal with email security difficulties.  The context of the article is from the perspective of the accounting industry, but I’d say it’s an extremely universal topic that actually impacts almost every kind of company today. The […]

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Email – Rethinking how files get shared

Email is the world’s collaborative tool and is the electronic ‘sending’ system of choice between people, both within and across organizations. While the capabilities of transferring files via email hasn’t improved much in the past 10 years, the size and sensitivity of files has multiplied ten-fold. Email usage is ungoverned […]

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FTP is unsecure and generally unmonitored

SC Magazine just published a short article titled “FTP described as unsecure and generally unmonitored”. In the article, fellow Managed File Transfer (MFT) vendor Axway correctly points out that “usernames, passwords, commands and data can be easily intercepted and read while files transferred via FTP are uploaded or downloaded without […]

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