For this month’s product rollup, we’re excited to update you on our Egnyte UI redesign. We’ll also highlight improvements to search and snapshot-based ransomware recovery, as well as additions to our Quality App for Life Sciences and more.
The global financial services industry is undergoing a seismic shift and not enough people are truly aware of what this means. By November of this year, banks and other financial institutions must have in place a new process for payment systems that uses the ISO 20022 standard instead of SWIFT. This must be active by November and by 2025, all financial institutions will have to be compliant.
The organizations developed and deployed their IT infrastructure manually in the early days. The IT teams were responsible for the maintenance of hardware as well as software aspects of the infrastructure. Therefore, it is also applicable to the software development cycle. However, with technological advancement, many organizations have adopted cloud infrastructure for their business.
You want as much of your compliance program automated as possible, and collecting evidence to validate compliance controls always seems to take a lot of your team’s time. A considerable amount of control evidence involves providing accurate lists of artifacts to auditors — whether it’s workstations, tickets, alerts, or people. If only there were an easier way than having your teammates take screenshots and export lists from each of your internal systems.
Every day, organizations subject themselves to audit violations and data leaks when their end-users share sensitive data with third parties – essentially anyone outside of your organization. Various regulations and compliance frameworks require sensitive data to be encrypted with industry-grade security while at rest and in transit.
