Why your data is safe on cloud-based software
We assume our office is the best place to store data, but here are multiple ways it can go wrong and why one should make the switch

1) Computers are vulnerable to virus attacks despite anti-virus software
2) Weak or no access control to the system turns into a serious threat
3) When not protected by firewall or Internet security software, free Internet to all becomes a risky gamble
4) Backups are taken only after data loss
Why cloud accounting is more secure
Cloud accounting service providers store their data on more sophisticated infrastructure, which is way more powerful and secure than office computers. These are some advantages:
1. Cloud servers are protected by strong anti-virus tools and are monitored 24x7 by a dedicated team.
2. Cloud data centres utilise stateof-the art electronic surveillance and multi-factor access control systems. Data centres are staffed with trained security guards and access is authorised strictly on a privilege basis.
3. Firewall systems protect the data from online intruders. All cloud accounting software providers use secure HTTPS connection with strong encryption levels.
4. The backup process is extremely disciplined and historic data can be restored within a few minutes.
5. Systems are designed to minimise the impact of disruptions to operations. Multiple geographic regions and availability zones allow you to remain resilient in the face of most failure modes, including natural disasters or system failures.
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