Cyber crime operations are now among the multi-million dollar businesses thriving in 2019. Crooks are able to blitz IT infrastructure and pilfer precious pieces of data with ease. Attacks are becoming extremely sophisticated and discreet. At times, they are only detectable once the damage has been done.
Many Canadian companies want to transition to the cloud for business data hosting, yet worry about data access and privacy. Both public and private sector organizations must follow government laws affecting the storage and use of personal information. Provincial governments also have privacy laws to protect customer data, particularly in health care. Storing data outside of Canada brings additional challenges, namely a new set of rules and regulations. Find out what affects data leaving the country, and how this impacts your organization.
While the cloud has been around for several years, initially as a buzzword and tech favorite, it’s now moving to a practical application for financial industries. Financial organizations must handle sensitive data. Increasingly, this means protecting data from cyber threats and investing in a robust in-house IT solution to keep current. Compared with these hassles, a private and secure cloud streamlines things and offers several key benefits for accounting firms and financial organizations. See why the cloud is an ideal solution.