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Everything You Need To Know About Managed File Transfer (MFT) Solutions

January 24, 2022 by BPM Team

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Need to learn all you can about MFT solutions? You’re in the right place.

MFT Solutions
Managed File Transfer Solutions

Every year, the world of business becomes more digital. We are entering industry 4.0, the idea that the digital world is evolving into a new generation of internet-based services. The idea that industry is having another revolution right under our noses in the form of cloud computing. We don’t disagree. We do, however, advocate for the importance of safe file transfer systems as the internet grows in strength.

Let’s discuss the world of MFTs. What is a managed file transfer, and why does your business need to use it? Let’s find out.

What is Managed File Transfer?

MFT, or managed file transfer solutions, are a new way of sending encrypted data over the internet. The purpose of MFTs is to make our data more private when we share it online. Of course, we don’t apply the term MFTs to things like messaging on social media. We apply it to the world of business.

Imagine you used a cloud integration platform because you wanted to outsource data storage to another firm. You are a dentist practice who just doesn’t have the data storage space to keep all your records onsite. You regularly send patients names, addresses, and medical records, back and forth over the server. If this data is unsecured, those files could be interrupted, seized by a wily hacker, and used against your business.

Data breaches cost billions of dollars every year, and your company might never recover from a breach. The scandal of cybercrime runs deep, so you might lose your hard-earned reputation. Now that we know what an MFT is, exactly, let’s talk about when you need to sue them for your firm.

Why Your Company Needs MFTs?

If you do work for a company that handles sensitive patient/client data, then an MFT transfer system is the best way to securely encrypt the data that passes back and forth between you and your storage facility. 

An MFT usually operates using a single platform that lets you encrypt on your end, and the recipient unencrypt when it reaches them. This way, no data is lost in the transfer, and no hackers can intercept your files. Even if they do intercept them, they won’t be able to read them.

Globalscape’s managed file transfer solutions has automation capabilities to help companies securely share various types of data, including sensitive or compliance-protected data.

Now, there are other methods of encrypting data. However, these are not as secure as MFTs are. Something to think about when you are pitching your ideas on improving cyber security to your boss.

Integrating MFTs with Cloud Computing

The best way to run your MFT system is to make it part of your cloud computing integration system. However, it is that you are running all of your cloud processes; adding the MFT solution to this platform will give you a boost. 

You may also like: How to transfer large files using FileWhopper

Filed Under: Data, Security, Technology Tagged With: Cloud storage, data security, Technology

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