Be Careful With Your Online Business Accounts In The Cloud

Hawthorn, Australia (PressExposure) July 25, 2011 -- With the advent of the Internet, businesses are afforded a wide range of options that allow them to broaden their marketplace not just locally but around the world.

Moreover, with the advancement of the internet, eCommerce has gained a strong foothold in the business industry, bringing with it a whole range of new business and marketing opportunities and advancements.

After more than a decade of fine-tuning the Internet as a marketplace, yielding an amazing range of technological evolution, the business world nowadays is fretfully coming to grips with the daunting reality that businesses in today's time can now run almost every information system they depend on without owning any tech equipment.

Owing to the latest technological innovation known as cloud computing, businesses can now rent access to web applications and IT infrastructure to enable streamlined operations and provide employees with access to information 24/7 from anywhere in the world with nothing more than a connected device and a postpaid/prepaid or pay-per-use subscription.

As we gradually enter the second half of the year 2011, of which tech geeks says is the "year of cloud computing", we are seeing some interesting trends emerge in cloud computing. Whereas the year 2010 was the year of growth and development and questions of "whys, whats and hows" in cloud computing, 2011 has initially begun its year of acceptance and adoption of Cloud computing technologies.

Having done or likewise ongoing with experimenting with cloud technologies, validating its suitability and effectiveness, many businesses nowadays are, to a large extent, convinced that cloud computing is the next big thing to eCommerce technological innovations.

The year 2011 has seen most businesses starting to or even now for cloud adoption. Today's cloud eco-system is progressively expanding.

The trend of cloud computing for this year 2011 has seen:

-- Businesses accepting the reality of Internet hosting as a utility

-- Businesses are now forced to adapt to evolving computing models in order to remain competitive as businesses face increasing pressures to be as agile as possible

-- Large enterprises are building their own private clouds. IBM, for instance, announced its "Blue Cloud" initiative two years ago.

-- Cloud computing has started to shift the skills needed by IT workers, IT professionals now need to focus on extracting the most business value from new technologies.

-- Security & compliance perceptions and realities remain as barriers as businesses are becoming concerned with security in reaction to expected security risks related to storing critical business data on a third-party server and commingling your data with multiple "tenants" or companies as public clouds like Amazon still have an uphill battle addressing security concerns

After last month's June 11 cyber hacking incident on Distribute.IT, where all of its four key servers shut down as a computer hacker successfully disabled and wiped out all its contents, businesses have become more aware of the importance of keeping a separate record of transactions and of securing business data and accounts.

After losing years of their transaction records and system data due to the lack of record back-ups, many businesses realize that security and keeping separate record of business data and transactions are important in way that:

-- system failures can negatively affect many companies and businesses

-- there are expected risks in using hosted applications especially in compliance privacy, data protection and ownership, cross-border issues, performance, and service levels for there are no global laws on the use of the internet though there are certain independent legislation that look into privacy, spam, electronic transactions, cybercrimes, and others.

-- Exploits from corporate espionage and other malicious activity are a possible security risks if your business data and accounts is not secure

-- All client information and business transactions can be hard to replace and potentially dangerous if it falls into the wrong hands

With these possible security risks, businesses should make sure to use Shoebooks online accounting in securing and keeping a separate record of business data and transactions, as Shoebooks features:

-- an online accounting system that is fully secure and reliable

-- a web-based online accounting software application that remove the risk of computer security issues such as viruses, backup & hardware malfunctions

-- an online bookkeeping and accounting systems that do not rely on your in-house technology and are not subject to periodic network failures

-- a Web-based system that use data centers with physical and network (including firewalls, user-specific IDs, and 128-bit data encryption) security that far exceed the security of in-house systems.

-- a Web systems that offer dual-drive transaction redundancy and nightly backups to off-site storage facilities to ensure information security.

About Shoebooks Pty. Ltd.

Shoebooks is an Australian provider of premium online accounting software solutions for SME businesses. Check out Shoebooks bookkeeping and payroll software services for SME businesses. Shoebooks is located at Unit 12, 118 Church Street, Hawthorn Victoria 3122, Australia. Call Shoebooks at +613-9818-1515.

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Press Release Submitted On: July 25, 2011 at 1:14 am
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