Healthcare organizations store vast amounts of healthcare records. What may come as a surprise to some, healthcare records are more valuable to criminals than credit card numbers or social security numbers alone according to the “Fourth Annual Benchmark Study on Patient Privacy & Data Security” conducted by the Ponemon Institute. Because of this, healthcare organizations must take extra precautions to protect the records.

With more than 300 million cyber attacks and attempted intrusions into government systems each year, the Federal Information Security Management Act requires each agency to implement programs that ensure the security of all transferred information.

Businesses count on consistent, dependable access to their mission-critical resources and applications. They rely upon systems such as managed file transfer (MFT) solutions to ensure the security and integrity of these assets and to facilitate uninterrupted processes and operations. A gap in this service—even for just a few minutes—can cause losses of data, business opportunities, and revenue.

The classic username+password authentication on to an account is only as secure as the security and complexity of the password. Passwords can be stolen or forgotten, and can place an unnecessary burden on support departments to reset passwords or to delete and recreate accounts. People are notoriously terrible at remembering complex passwords, so we tend to make them easier to remember—and easier to guess. Then we make it worse by reusing the same passwords in multiple locations.

Enterprise risk has grown dramatically in both scope and complexity since the dawn of the digital era. Cybersecurity represents only one branch of risk management in today’s business world—companies are also tasked with regulatory compliance demands as well as operational challenges that can only be tackled by IT departments. As executive boards seek to address these evolving strategic components, the role of technology becomes even more inextricable from the foundations of the corporate outlook. This shift has put additional strain on corporate budgets and has left many organizations uncertain about their risk assessment strategies at large.