SAN ANTONIO--(BUSINESS WIRE)--GlobalSCAPE, Inc. (NYSE American: GSB) (“GlobalSCAPE” or the “Company”), a worldwide leader in the secure movement and integration of data, today announced updated product and support bundles designed to simplify the way products and support services are offered, and help organizations align the investment in the purchase of Globalscape software and support with business objectives.
San Antonio, May 15, 2018—GlobalSCAPE, Inc. (NYSE American: GSB) (“GlobalSCAPE” or the “Company”), a worldwide leader in the secure movement and integration of data, today announced the newest version of its managed file transfer product, EFT™ Enterprise 7.4.7.
San Antonio, May 14, 2018—GlobalSCAPE, Inc. (NYSE American: GSB) (“GlobalSCAPE” or the “Company”), a worldwide leader in the secure movement and integration of data, announced today that CRN®, a brand of The Channel Company, has named Amy Hensiek, Senior Channel Sales Manager, National Accounts to its prestigious 2018 Women of the Channel list.
The average cost for organizations that fail to comply with data protection regulations is $14.82 million, a recent research study warned. The study, conducted by the Ponemon Institute on behalf of Globalscape, also noted that the cost of compliance varies from sector to sector, depending on the sensitivity of the data organizations must protect.
Achieving compliance is a challenging process, but with the right systems and customized data management policy, your organization can stay ahead of the next data breach—and the regulators. Data protection and privacy regulations affect organizations of every stripe. Whatever your business, if you have customers or employees, you have data that requires protection under some state or federal mandate.
Data is King. Understanding where it travels, where it resides and how to best protect it is no longer just an option–it's a necessity for all businesses. Organizations are burdened with the responsibility of protecting customer, partner and vendor data, and storing it as securely as possible. Government mandates and regulations such as the General Data Protection Regulation (GDPR), Payment Card Industry Data Security Standard (PCI DSS), the Health Insurance Portability and Accountability Act (HIPAA) and Sarbanes Oxley are constructed to help us do just that: keep private data, private.
Like many college students who cram the night before a test – and some writers who test the limits of their editors' patience with their procrastination – many companies have pushed off GDPR compliance, believing either it doesn't apply to them, it's too costly or overwhelming or they can afford to wait and see just how serious regulators are about admonishing and fining companies who falter on privacy. Big mistake.
As country- and region-specific data governance requirements continue to develop, any company that collects or stores users’ personal information will have to navigate the increasing complexity of the regulatory risk landscape. This case should be a reminder for companies of the urgent need to understand and plan for the responsibilities and costs that come with being custodians of data, whether that information rests purely with them or goes on to third parties for storage, analysis or other perfectly legal use.
Security is absolutely a moving target. While the sophistication of attacks has increased in recent years and organizations are fixated on those attacks (as they should be), the fact of the matter is many breaches or security incidents are caused by human error or by employees not following proper processes or procedures.