5 Indicators You Need an MFT Solution

Every modern organisation is critically dependent on transferring sensitive data between employees, customers and trading partners. Just one wrong move by an employee - for example, failing to encrypt a sensitive file - could land you with a huge fine, and lose customers’ trust.

So, it’s worth spending a moment to consider how your team is performing the regular, essential task of moving data around. And, to ask yourself: “Is it time they used a safer and more efficient way to transfer data?”

Here are some of the key signs that your business is ready for a Managed File Transfer solution.

Indicator #1: Risky Old Tech

Some organisations still rely on outdated protocols and clunky scripts to move precious data around. However, that increases the risk of human error, takes time better spent on other tasks, and is difficult to maintain.

A Managed File Transfer (MFT) solution like GoAnywhere MFT is easy to use, easy to audit, requires little maintenance, and removes manual tasks from your stretched IT team’s To Do list.

Sign #2: Cybercriminal Incursions

Your IT team are seeing exponential growth in attempted cybercrime incursions. So it’s more essential than ever before to secure your data and maintain a “circle of trust” with your supply chain partners and customers.

A leading MFT, such as GoAnywhere MFT, employs the latest encryption algorithms to reduce the risk of data breaches during transit. Features like Access Control and Multi-factor Authentication safeguard sensitive information from unauthorised access.

Sign #3: Increased Compliance Requirements

In response to escalating cybercrime, governments and industry regulators are imposing ever greater requirements on business to protect consumers’ personal data.

From health data (hospital records, test results), to banking data (debit and credit card numbers, bank account details), to identity data (home address, government id), businesses that fail to take responsible measures to protect sensitive data face growing sanctions.

A single breach may not only cost your organisation time and money to remediate, it may ruin your reputation.

A leading MFT, such as GoAnywhere MFT, helps ensure your file transfers comply with regulatory requirements such as PCI DSS, HIPAA, HITECH, and GDPR. Features like auditing, reporting, role-based access, secure protocols, centralised security controls, encryption, and key management protect employee and consumer data from harmful security mishaps.

Sign #4: Reliance on the Cloud

Many organisations have moved business processes to the cloud and now exchange files regularly with trading partners via cloud platforms.

From streamlining and automating cloud file transfers to platforms like Amazon Web Services, and Microsoft Azure, to integrating with popular web and cloud services like SharePoint and Google Drive, working with a partner in the cloud using an MFT is a smooth, reliable and safe process.

Sign #5: Changed Network Conditions

A single hour of system downtime can cost a medium-sized business a six-figure sum.

As organisations and trading partners become increasingly integrated, it’s critical that file transfers are performed without delay or disruption.

An enterprise-calibre file transfer solution should have a high availability plan in place. The right solution will provide active-passive and active-active (i.e. clustering) methods for organisations who need to keep their processes running no matter the situation at hand.

Clustering provides the best high availability by running multiple servers simultaneously. Therefore, if one goes down, file transfers and workflows will continue to run on other servers so communication with your trading partners won’t be interrupted.

Reading the Indicators

If any of these five indicators hold true for your business, it’s time to consider upgrading to a secure MFT such as GoAnywhere.

The acknowledged leading software, GoAnywhere MFT is all-in-one solution, automating and encrypting file transfers from a centralised dashboard. It not only simplifies the completion of critical business initiatives, but also reduces the time spent on manual file transfers and in-house processes.

GoAnywhere saves businesses time, money, and reputation.

Local Expertise at Hand

If you’d like to learn more about how GoAnywhere MFT could add to your organisation’s bottom line, please feel welcome to get in touch with me.

Generic Systems Australia is the nation’s local expert in Managed File Transfer, and one of Fortra’s Top Ten MFT Partner’s globally.