Why You Need File Transfer Governance

The onslaught of data security breaches today is relentless, with thousands of major breaches each year and 50 percent more breaches in 2019 vs. 2018, according to a report by Risk Based Security. The costs for each breach have burgeoned as well, with the average cost of a data breach at about $3.92 million.Securing data from breaches not only spares bottom line and publicity, it's now also a basic legal requirement to comply with rapidly growing data privacy laws.While organizations have long had to comply with industry-specific standards, such as HIPAA in healthcare and the Payment Card Industry Data Security Standard (PCI DSS), you now also face new consumer privacy regulations. Including:GDPR from the European UnionCalifornia Consumer Privacy Act (CCPA)Canada's Personal Information Protection and Electronic Documents Act (PIPEDA).Protecting data starts with data governance, the process of creating and enforcing rules & policies to ensure information is formally and properly managed throughout the enterprise. One often overlooked but critical element of data governance: file transfer governance.What is File Transfer Governance?When organizations consider data governance, they typically think about data sitting in their database, data warehouse, and applications. They often overlook file transfer governance, or the governance of data in motion. But ...


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