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CPAs and computer security experts have long known that the Cloud is usually the safest place for accounting records, especially with a partner like Intuit. The worst place for them is most small business offices. People can easily break in. Small business computerrs are all but guaranteed to fail at the worst possible time, with little or no backup (though QuickBooks made that almost automatic years ago). Many users know little about bookkeeping and much less about computers or security. Our government security experts recently showed they could not come close to keeping up with the Intuit security experts. They reported a supposed QuickBooks online vulnerability and suggested an upgrade. However, that was 6 months after Intuit found the problem itself, fixed it and made access impossible without the upgrade that eliminated it. ZDNet never reported this little detail in a sensationalized report, though the original government document and miniscule research made it clear. They also did not change, retract or delete the story when it was brought to their attention. You can read of many cases where the government was unable to protect its secret records, but none I know where Intuit did not completely protect millions of customers for many years. It is really too bad companies like Intuit cannot take over running our government, especially in view of current and prospective leaders.
Aug 20 18:42 pm
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All Comments by MikeBlockQuickBooksCPA »Intuit: How To Improve Cloud-Computing Safety [View article]