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A Missing Piece in Your Cyber Security Strategy?

26 Mar 2024

Is Secure Managed File Transfer a “missing piece” in your company’s Cybersecurity Strategy?


The Australian Federal Government has set its sights on making Australia a world leader in cybersecurity by 2030 and is currently drafting upgraded cybersecurity regulations. In the industry consultation period just ended, they flagged new cybersecurity legislation and amendments to the Security of Critical Infrastructure Act which would include:


  1. Secure-by-design standards for the Internet of Things;

  2. Mandatory ransomware reporting; and

  3. Upgraded protection for and risk management of critical corporate infrastructure.


The new legislation reflects comments made by Attorney-General, Mark Dreyfus, in the aftermath of the 2022 Optus hack.  He said “We need better laws to regulate how companies manage the huge amount of data they collect, and bigger penalties to incentivise better behaviour. (E)xisting safeguards are inadequate. It’s not enough for a penalty for a major data breach to be seen as the cost of doing business.”


With new legislation — and much bigger fines — imminent, now is the time to plug any potential gaps in your organisation’s cybersecurity strategy.


Protect Your Data, Not Just Your Network

Increasingly frequent cyber incidents prove that cybersecurity is not keeping pace with cyber threats. According to Forbes, “Companies keep pouring tons of money into protecting their network… but the real crown jewels are in the data that sits behind the network walls. That data is often not protected."


It’s not enough to lock the door. An organisation’s crown jewels should also be kept in a vault. This ensures that, even if a hacker gets inside, they won’t be able to exploit the data they find.


The vault is encryption. And the security guard that puts the jewels in the vault is Managed File Transfer (MFT).

 

How MFT Secures Your Data

To be truly secure, data must be protected not only when it’s stored, but also while it’s enroute to and from storage.


MFT solutions such as the class-leading GoAnywhere MFT encrypt data at rest and in transit, complying with the highest data security standards across the US and Europe (e.g. HIPAA, HITECH, PCI DSS, SOX, and the GDPR).


MFT manages inbound and outbound file transfers across an organisation, using industry-standard file transfer protocols such as SFTP, FTPS, and AS2 to send files securely, and encryption standards such as Open PGP and AES to protect data in transit and at rest.

The "Managed" in MFT

MFT software automates and streamlines the exchange of data for you, reducing manual processes and eliminating the need for any legacy tools and scripts you might currently be using.


Data (including documents, images, videos, and other files) can also be exchanged via MFT across your private networks, systems, applications, partners, and cloud environments from a single point of administration.


More than Transfers

MFT software isn’t only for sending files between users and systems. It can also automate business processes, ensure secure connections, track file transfer activity, and more…


  1. File Encryption


    GoAnywhere MFT employs integrated encryption technologies to secure sensitive data. It also includes a key manager which enables you to create, import, export, and manage your keys and certificates within the product.


  2. Automation


    User errors and manual processes can also cause data breaches. By automating the encryption and exchange of sensitive files, processes and workflows can run without user intervention — especially useful when dealing with a high volume of file transfers.


  3. Email Enhancement


    GoAnywhere MFT offers a secure email module which allows users to send one-off file transfers securely, through a HTTPS connection.


  4. Cloud Connections


    MFT can help you build better connections between your network and web/cloud applications. GoAnywhere MFT offers built-in cloud integrations with applications such as Dropbox, SharePoint, and JIRA, and popular cloud services including Amazon, Google and Azure.


  5. Auditing & Reporting


    GoAnywhere MFT provide audit reports to meet compliance needs. All file transfer and administrator activity is stored and easily searchable. For organisations that need to report on file transfer activity to remain compliant with regulations and laws, the audit logs can be automatically generated and distributed as PDF reports.


These are just some of the many MFT features which can help you protect your files.


Plugging in the Missing Piece

With the Federal Government soon to unveil its new cybersecurity legislation, now is the time to get ahead of requirements and explore how MFT can enhance your data’s security at rest and in motion.


Arrange a free MFT trial and see how it works in your organisation. The benefits are almost immediate, from file transfer automation to solid data encryption.


A data breach need not be a given for your organisation. By adding the missing MFT piece to your Cybersecurity Strategy, your valuable data can remain out of reach of cyberthieves.


If you’d like to discuss how MFT can complete your organisation’s Cybersecurity Strategy, please feel welcome to contact us.  We’re always happy to have an obligation-free discussion, explain how quickly and easily we can transition your organisation to the class-leading MFT solution, and offer you a zero-cost Proof of Concept.


At Generic Systems Australia, We’re Your Local Experts in Secure Managed File Transfer!

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