Are Internal Controls and Auditing Needed for Managed File Transfer and Trading Community Management Solutions?…Yes!!!
Transmitting files, both internally and externally, and from one computer platform to another, is a widely used procedure. The vast majority of organizations do so in multi-system environments, and this file transfer process is often considered to be part of an organization’s “business-critical” operations. Even though a managed file transfer solution could provide an organization with a secure process for transmitting data, many organizations have yet to implement such a process. As the amount of FTP traffic continues to grow, auditing FTP use and enforcing internal controls and procedures becomes more important every day. To identify data security problems before they occur, an effective audit which incorporates best practice procedures must be performed. (more)