With awareness of data breaches at an all-time high, financial institutions are working hard to implement policies and solutions that protect sensitive financial information along with their reputations and industry competitiveness. In today’s digital world, critical financial data is being sent back and forth between businesses and individuals at speeds faster than anyone ever thought possible. While this information exchange allows financial institutions to deliver higher levels of service and capitalise on emerging growth opportunities, it also leaves them vulnerable to security breaches and data leaks.
Hermes a multi-specialist asset manager, owned by BT Pension Scheme (BTPS), deals with a huge amount of sensitive data and, therefore, turned to Ipswitch to provide them with a secure and reliable solution to help protect the transfer of data and information. Requiring a fully versatile solution they installed Ipswitch’s MOVEit DMZ Enterprise.
“We needed to host an FTP site so that people could post information to us, which, obviously, needed to be very secure due to the sensitivity of the data,” explained Jamie Dewar, Technical Services Manager, Hermes. “We didn’t host FTP before as we were a ‘pull only’ organisation and just used the basic Microsoft mainline tools. However, due to changing business requirements we required an enterprise-class FTP solution that was highly secure.”
Read more about Hermes and how they protect their private data: http://www.ipswitchft.com/resources/case-studies/moveit/enterprise-file-transfer-compliance