Ennio J. CarboniIn today’s ever changing data-centric reality, financial institutions are challenged by more than just the well-documented cyberattacks. With larger quantities of data and more methods available than ever before for data transfer (including cloud and mobile), there is an increasing lack of control and transparency over the movement of files used to do business. And when an organization is dealing with highly sensitive and highly regulated information, control over that information is paramount.

To mitigate risks and reduce the scope of work for IT departments, financial service institutions need to have manageable file transfer systems and procedures in place to meet the standards for data privacy, integrity and availability across the entire IT infrastructure. A managed file transfer system helps ensure and maintain compliance as well as enforce and monitor access control to prevent vulnerabilities.

IT professionals in financial institutions need to know where files are at all times and be aware of who has access to that data. This is easier said than done, as existing challenges provide added stress and risks, including:

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.