If you’re running an accounting firm you’re likely faced with a significant issue: do you host your (and your clients’) data internally or move it to the cloud?

A few years ago, the decision was harder because cloud technology was less mature. But today the answer is much more clear. Yes, you should be leveraging the cloud for all of your firm’s data – including your clients’ data. In fact, not doing so creates more risk than rewards.

The first is the Risk of Data Loss

Businesses are often exposed to events that could cause data loss. Hurricanes, earthquakes, fires, floods and other natural disasters not only cause loss of power and potential water and wind damage but oftentimes entirely wipe out buildings and offices.

If you’re maintaining data in your office you’re exposing yourself to the risk that this data might also be lost.

Curious what the other four risks are?

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