The Four Minute Guide to Managed File Transfer

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Most IT professionals know that file transfer protocols are used in business environments. Managed file transfer processes are used to move data from one place to another. The exchange of daily data and documents between internal systems and external partners has grown so much in the corporate world that it is now considered a critical business process.

With various file transfer protocols that offer benefits ranging from operational efficiency to increased security, it’s time to find out what techniques your company is using and what changes might be helpful.

MFT (Managed File Transfer) is one of the most sophisticated protocols currently available, and the MFT sector is expected to scale up in the future considering the value it offers. Click here to learn more about moving data securely inside and outside your organization so that data security is the least of your concerns.

What is MFT?

MFT is a platform that helps businesses achieve different data goals by organizing different file transfer operations. For example, large amounts of data must be transferred between time and place, which is a constant requirement in today’s data-driven corporate environment.

The internal add-ons of file transfer tools distinguish MFT from competitors by adding ‘Manage’ to MFT. As a result, data and data processing can be handled successfully with authentication and integration with existing software when organizations choose MFT software and vendors that meet their needs.

How Managed File Transfer Works

A managed file transfer system provides the protection and control required for high-volume, safe file transfers, typically running on a dedicated MFT server or cloud service.

Through safe and compliant sharing of sensitive documentation between workers, partners, and users, MFT gains a complete insight into all file transfer activities and can ensure the reliability of critical business operations.

A controlled file transfer system will typically include the following steps:

  1. Verifies inbound users with the help of multi-factor authentication;
  2. Allows the user to upload files based on the role-based permissions that are assigned to the account or group;
  3. Saves the file securely, most likely with the help of the encryption method;
  4. Informs the designated recipient that an item is available for pickup;
  5. Logs and scrutinizes all that activities that have taken place;

By combining these file transfer activities into one system, MFT ensures centralized access control, robust authentication protocols, file encryption, and auditing for 100% streamlined business operations.

Benefits of Managed File Transfer

Below are some of the benefits that compel growing companies to adopt MFT solutions:

  • Data Security: MFT allows businesses to make the most out of a functional security strategy that includes monitoring of activities in real, authentication security principles, and controls to protect data in transit or leisure time.
  • Data Growth: MFT provides reliable, automated governance for file transfers not just within the company but with external companies as well. This accelerates the rapid flow of data around the world.
  • Regulatory Compliance: Organizations can meet security requirements by using a well-designed MFT system to encrypt, transfer, monitor, and store sensitive data.
  • Technology Megatrends: MFT enhances collaboration capabilities for various platforms, mobile devices, apps, and other IT infrastructure.

If your current file transfer system is fragmented or if it lacks the security your business needs, a better way is to use a managed file transfer (MFT) service. As the exchange and transfer of files and documents have become more common in the business, MFT has become essential.

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