HarborOne Bank Secures Document Exchange with Biscom Secure
Transcription
HarborOne Bank Secures Document Exchange with Biscom Secure
CUSTOMER SUCCESS STORY The Leader in Secure Enterprise Document Delivery HarborOne Bank Secures Document Exchange with Biscom Secure File Transfer “Protecting the confidentiality of our customer’s information is HarborOne’s highest priority. Biscom Secure File Transfer secures communications with our customers while delivering strong transaction logging that is critical for regulatory - Wayne Dunn, Chief Technology Officer, HarborOne Bank compliance and bank audits.” Overview OVERVIEW Company: HarborOne Bank Industry: Finance Location: Brockton, Massachusetts Founded: 1917 Web Site: www.harborone.com CHALLENGES Hosted email service could not handle exchange of large mortgage related files. Compliance with FDIC and state mandates to protect transfer of customer personal information File transfer tracking did not meet minimum bank auditing requirements. SOLUTION Biscom Secure File Transfer With $1.9 billion in assets, HarborOne Bank is the largest state-chartered co -operative bank in New England. The bank serves the financial needs of consumer and business banking customers through a network of 14 fullservice branches, and a full service mortgage office. Challenges Wayne Dunn, Senior Vice President and Chief Technology Officer, was tasked with improving the process of exchanging confidential information with the bank’s customers and vendors. Encrypted email was being used for secure document delivery. However this technology had attachment size limits and the audit trail did not meet minimum requirements of Gramm Leach Bliley data privacy mandates and the very stringent Massachusetts 201 CMR 17 regulations designed to protect personally identifiable data. Solution After evaluating several secure document exchange products, Wayne Dunn selected Biscom Secure File Transfer. Biscom’s intuitive, self- service user interface was quickly embraced by bank staff and was well received by customers and vendors. An added benefit was the minimum administration and user support required by the bank’s IT staff. In addition, email size and storage cost were reduced since large files were now being delivered via Biscom. RESULTS Streamline secure exchange of mortgage documents with attorneys, vendors and customers. Demonstrate data privacy compliance to bank examiners and internal auditors The Biscom deployment resulted in several key benefits. Commercial lending operations, which require secure transfer of large files with clients, attorneys and vendors, experienced improved document exchange efficiencies and staff productivity. Biscom’s secure reply feature made it easy for external parties to initiate file transfers of any size back to the bank. Biscom’s strong transaction logging facilitated bank examination by demonstrating the banks’ compliance with data privacy mandates to secure the exchange of financial and personally identifiable data. And the bank’s Biscom | 800-477-2472 | [email protected] | 321 Billerica Rd Chelmsford, MA 01824 | www.biscom.com Customer Success Story operational staff use Biscom to facilitate and record secure communication and document exchange with remote customers. “The bank’s staff has embraced Biscom because of its ease of use and improved collaboration with customers and vendors” According to Wayne “Protecting the confidentiality of our customer’s information is Harbor One’s highest priority. Biscom Secure File Transfer secures communications with our customers while delivering strong transaction logging that is critical for regulatory compliance and bank audits. The bank’s staff has embraced Biscom because of its ease of use and improved collaboration with customers and vendors”. ─ Wayne Dunn Chief Technology Officer HarborOne Bank ABOUT BISCOM Biscom is a world leader in secure enterprise document delivery with solutions including the awardwinning enterprise FAXCOM® Server and FAXCOM Anywhere cloud fax solutions, Biscom Secure File Transfer, and Verosync, an enterprise-ready file synchronization and sharing solution. Founded in 1986, Biscom is the industry’s recognized innovation and customer service leader and has provided many of the world’s largest companies with secure communications solutions. Learn more at www.biscom.com or call 1-800-477-2472. Biscom | 800-477-2472 | [email protected] | 321 Billerica Rd Chelmsford, MA 01824 | www.biscom.com