is Cloud Bookkeeping secure?

is Cloud Bookkeeping secure? is Cloud Bookkeeping secure?

1 Expert Answer

Sean Duffy

CPA, CMA, Senior Manager, Accounting Solutions,  Welch LLP

The answer is an unequivocal Yes. Here is how:


Backups and Encryption: Cloud-based accounting software automatically backs up your data as you work, in case of an emergency. Your data is encrypted, so it can't be hacked off the server (a primary security risk with traditional software).


24/7 Onsite Security: Security breaches are always a concern, but they're much less likely with cloud-based software because there's no "physical" access to your files from a hacker. Traditional options offer more vulnerabilities for a cybercriminal to exploit.


Online backup can be used for accounting data backup. Online backup typically refers to a form of online data storage in which the user stores data on remote servers connected through a network. For example, Dropbox and Google Drive are used for file storage of private and public information respectively.


Data security operations can also be outsourced to Internet-based cloud computing environments known as managed security service providers (MSSPs).


All accounting and bookkeeping data is stored on servers that have been specially locked for security. They are located in multiple locations around the world to provide maximum protection against terrorism and natural disasters (such as earthquakes) in one place. At the same time, this system ensures a high speed of access to your information through Internet connections from anywhere in the world.

Answers by Welch LLP

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