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?

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pwarren
Vote Up (29)

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 (25)

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 (20)

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 (16)

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 (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,
Umang Kumar

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