Managed File Transfer Systems Ease Audits and Help Prevent Regulatory Fines
Organizations everywhere are feeling the financial pain of running afoul of regulatory mandates. BlueCross-BlueShield of Tennessee was fined US$1.5 million for a data breach that exposed personal health information on more than one million members.1
The UK’s Greater Manchester Police paid £120,000 for a lapse that compromised details about 1,000 people linked to serious crime investigations. Sony’s European arm was slapped with a £250,000 penalty for a hack of the company’s PlayStation Network that jeopardized personal data on 77 million customers.