As you build your practice, you’ll need to have the right tools in place in order to quickly and efficiently plan out your clients’ returns and retirement planning. Having robust tax software can greatly help with this—but not if it’s running on your personal computer or servers. Desktop software vulnerabilities can compromise your data by giving cybercriminals a “backdoor” into your IT systems, which can in turn compromise any data stored on it. Given that 80% of businesses have experienced at least one data breach, this is a problem that you’ll need to resolve quickly.
One way you can keep your client data secure and avoid sanctions is by moving your sensitive data into the cloud. Abacus Private Cloud can help with this. Private Cloud accounts are similar to computers in that you can install software, run applications, and upload data. The major difference is that your data is stored in an ePHI and HIPAA-compliant hosting environment secured by safeguards such as 256-bit AES encryption; five layers of physical, server and data security; and two-factor authentication. In addition, your account is guaranteed 99.9999% uptime thanks to our international network of geographically-redundant, SSL-A rated data centers.
On top of this, you won’t need to worry about hiring IT employees or investing in on-site servers. Our CFS TaxTools specialists can assist with securely migrating your data, automating software updates, and address your other hosting needs on an around-the-clock basis. We can also help customize your hosting account to meet GDPR, GLBA and other security standards. This saves you nearly $4,000 per month when compared to using in-house solutions.
Contact us today to schedule a complimentary cybersecurity assessment and learn how Abacus Private Cloud can protect your CFS TaxTools software and data.