Is Quickbooks Online safe?

lbloom

Given the rising surge in hacking attacks from Anonymous, Lulzsec, as well as attacks from Russia and China, is a cloud-based service like QuickBooks Online or Mint safe to use for a company’s finances? We’ve always kept our books on local servers because the first rule of security is _physical_ security. Once we move our financials to a cloud service, even a privatized cloud, aren’t we trading a great deal of safety and privacy in return for convenience and lower service costs?

Answer this Question

Answers

5 total
pwarren
Vote Up (25)

It’s not just passwords and going after your money, in many cases these hackers are going after the lists of who you know, in order to exact a scam at some time in the future. While it might not seem a threat at first, it is important to recognize that companies often need to keep their vendor list and customer list close to the vest. I’m not sure I would feel safe running my business from a public cloud; the SLA should demonstrate the cloud hosting vendor’s commitment to rectifying issues should there be a security breach.

jimlynch
Vote Up (22)

Well if the machines you use to run Quicken locally are connected to the Internet, you still run the risk of that data being accessed by unsavory people. I suppose if you disconnected the machines completely then you might have a higher degree of safety.

sandeepseeram
Vote Up (16)

First, all of our data is stored on "mirrored" disks. Each time you add or edit your data, it is written to two hard drives, so that if one fails you will never notice as a user.

Second, we periodically copy all data to a third hard drive in order to protect against any problems that might affect the first two.

Lastly, we perform backups to tape each night. These tapes are periodically moved offsite to a secure location. The security of your data is our number-one goal, and we've put a great deal of thought and resources to ensure that we have a completely reliable system.

 

Its Safe....

 

Sandeep Seeram

Agili Ron
Vote Up (12)

Hello Friends,

First, all of our data is stored on "mirrored" disks. Each time you add or edit your data, it is written to two hard drives, so that if one fails you will never notice as a user. Second, we periodically copy all data to a third hard drive in order to protect against any problems that might affect the first two.
Lastly, we perform backups to tape each night. These tapes are periodically moved offsite to a secure location. The security of your data is our number-one goal, and we've put a great deal of thought and resources to ensure that we have a completely reliable system.
Of course, first and foremost, we have designed our application and our server architecture to help make sure we never need any of these backups.

Thanks and Regards,
Agili Ron

agiliron.com

Derren Brown
Vote Up (10)

Hello Friends,

First, all of our data is stored on "mirrored" disks. Each time you add or edit your data, it is written to two hard drives, so that if one fails you will never notice as a user. Second, we periodically copy all data to a third hard drive in order to protect against any problems that might affect the first two.
Lastly, we perform backups to tape each night. These tapes are periodically moved offsite to a secure location. The security of your data is our number-one goal, and we've put a great deal of thought and resources to ensure that we have a completely reliable system.
Of course, first and foremost, we have designed our application and our server architecture to help make sure we never need any of these backups.

Thanks and Regards,
Umang Kumar

Ask a question

Join Now or Sign In to ask a question.
SAP reported a strong growth in cloud revenue and fast adoption of its HANA platform in the first quarter, while its software revenue dipped from the same quarter in the previous year.
The amount of electronic information (e.g., documents, images, emails, videos) organizations produce is staggering. Storing all your digital data in your data center can be expensive. That's why cloud storage -- which often comes at a fraction of the cost of storing the information on-premises -- has become increasingly popular.
Big data analytics are driving rapid growth for public cloud computing vendors with revenues for the top 50 public cloud providers shooting up 47% in the fourth quarter last year to $6.2 billion, according to Technology Business Research Inc.
Oracle has issued a comprehensive list of its software that may or may not be affected by the OpenSSL (secure sockets layer) vulnerability known as Heartbleed, while warning that no fixes are yet available for some likely affected products.
According to a new dataset, the big names in technology lag well behind actors, politicians and athletes in terms of global cultural significance
Five weeks after announcing a lower-cost subscription to Office, Microsoft today started selling Office 365 Personal to consumers.
Big data analytics are driving rapid growth for public cloud computing vendors with revenues for the top 50 public cloud providers shooting up 47% in the fourth quarter last year to $6.2 billion, according to Technology Business Review Inc.
Google has expanded its Cloud Platform to include locally hosted computing capacity, storage and data bases for the Asia-Pacific region.
The space agency has published a catalog of its software being made available to the public, and it includes code for things other than flying a rocket to the moon
Box has patched the Heartbleed security hole on its servers and has advised its customers to change their passwords.
Join us:
Facebook

Twitter

Pinterest

Tumblr

LinkedIn

Google+

randomness