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What Is Cloud Hosting?

First of all, to explain what cloud hosting is, the “cloud” refers to a network of computers interconnected to provide system resources on-demand, such as data storage and computing power. The computers, or servers, which make up the cloud reside in data centers which can be located throughout the world. Users access the cloud network using the internet, and are presented with a virtual dashboard to navigate infrastructure and to perform desired tasks. Often, when the cloud consists of a large enough volume of geographically redundant computers, tasks can be distributed between them to more efficiently use computing power.

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The Shared Responsibilities of Cloud Security

Regardless of which service model an enterprise employs from a cloud provider, what remains prominent is that there are shared responsibilities of cloud security. The burden of maintaining secure infrastructure does not solely lie on the client or the provider, but is instead distributed between the two. Statistics Canada reports the number of police reported cyber crimes increased 164% between 2016 and 2020. Furthermore, the introduction of Bill C-26, which makes reporting cyber attacks mandatory, was in large part because many incidents were going unreported. Therefore, even though the publicly known number of cyber threats is significant, the actual number is even larger. Considering cyber attacks are increasingly becoming more common, now, more than ever, the integrity of the relationship between clients and their cloud provider is critical to success. 

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New Canadian Cybersecurity Bill – A Top Priority for Corporations

Historically, the field of cybersecurity has been largely unregulated, with little to no requirements needed to be met by corporations. Recently, health centers, municipalities, universities, and other Canadian businesses and organizations have been targeted by electronic espionage and ransomware. In many instances, the attacks go unreported because the corporations fear their reputation may be damaged if word spreads that their existing security was incompetent. Often corporations decide it is in their best interest to pay the ransom fee in order to dismiss the problem, rather than to reach out for external assistance. Recently, the Government of Canada has introduced a new Canadian cybersecurity bill forcing corporations to prioritize mandatory reporting of cyber attacks and the meeting of new security standards.

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Why CPA’s Are Migrating From Servers To The Cloud

And What Separates A Cloud Provider From The Rest 

Given new technological advancements in recent years, businesses, and in particular certified public accountants (CPAs), have displayed trends which suggest a strong push towards modernizing their infrastructure. Thus, we will be going over why CPAs are migrating to the cloud in the first place, and what makes certain cloud providers desirable. For many businesses and organizations the lack of modern features exhibited by their existing on-premise servers has warranted the transition to remote, cloud hosted, infrastructure. Migrating to the cloud, although difficult, likely proves to be a worthwhile investment. In recent years, for businesses and organizations who made the switch to the cloud, the experience in this field of technology has equipped them with the understanding of what services are appropriate for their needs, and what is unnecessary. In particular, infrastructure as a service (IaaS) providers who specialize in support and security have seen a surge in popularity. Furthermore, the prevalence of privacy laws has motivated businesses and organizations to maintain compliance and operate entirely with Canadian built and owned infrastructure.

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Evaluating Your Current IT

Is your business is looking into hiring an external IT service provider for your technical processes and systems? There are 6 things that you need to consider when evaluating your current IT provider for your organization:   

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