Amortization software can greatly reduce the time needed to perform essential time value of money calculations related to loans, leases and other interest & rate-based figures. Cybercriminals, however, can poach the sensitive financial data you use with this software to break into your computers by taking advantage of software program vulnerabilities. Since it takes between 35-45 days on average to resolve a cyberattack, cybercriminals have more than enough time to steal your sensitive data once they get their feet through the “backdoor.”
Using an encrypted cloud hosting platform, however, can ensure this door is never negligently left ajar. That’s where Abacus Private Cloud comes in. Our encrypted, virtual hosting platform can help you perform amortization calculations and store the sensitive financials and other electronic data in a way that won’t expose your computer and office-based IT systems to common software-based data breach risks.
Abacus Private Cloud works much like a virtual computer, allowing you to safely install and run TimeValue in the cloud, while also allowing you and other authorized users to work on TimeValue and download files anytime, anywhere on any approved device. This is possible because of our platform’s top-flight HIPAA and ePHI-compliant security features, which include:
- 256-bit AES encryption
- International network of SSL-A rated security centers designed to run your account with 99.9999% guaranteed uptime service
- Comprehensive SOC-level auditing procedures to ensure your account protections are regularly updated to combat the latest cybercrime schemes.
- Flexible platform customization to help your account meet industry-specific data security protocols including GDPR, PIPEDA, GLBA, SOX, HITRUST and more.
- 24/7 TValue software and hosting support for applying updates and addressing server issues.
Contact our TimeValue® support specialists today to learn how Abacus Private Cloud can securely host your TimeValue® application.