THE FUTURE FOR CYBER SECURITY

A study entitled, State of Cyber Security 2017, performed by ISACA (Information Systems Audit and Control Association), suggested that cyber security staff are becoming increasingly difficult to find in such a rapidly expanding and evolving field. The report was based on a survey of 633 cyber security specialists across North America and Europe, with 27% stating that they were unable to fill open cyber security positions in their businesses and another 14% unsure as to whether they would ever fill those positions...

Differences Between On-Site And Cloud Computing Accounting Software

Accounting Software

Software-as-a-service, with regards to accounting applications, simply means that accounting software is not installed in the business premises. It is run through an internet connection but still makes used of desktops, laptops, or any device which can access the internet. There are, however, basic differences between an accounting application installed on-site and accounting software installed in the clouds. If you’re a business owner, you have to take time to differentiate between the two before choosing one over the other.

Cloud computing accounting software is highly accessible anywhere, anytime as long as there is strong internet connection. You and your staff can access your business’s data at home, at the office, or even when on a holiday. Your bookkeeper and your accountant can also access the data as long as they are authorized. This means that time spent on travel to your office is cut thereby reducing delays, and offering optimum flexibility. In terms of security issues, it is understandable why a lot of business owners like you are having apprehensions about moving your financial data in the clouds. However, most providers today give an assurance that your data is safe and secure because they have invested a lot of time and money with data security. In fact, data security, being offered by cloud computing vendors, is far better than the security you may have in place on-site.

Price is also something to consider. In general, cloud computing is more expensive than on-site accounting software. This is primarily because cloud computing is offering a service and not a product. You have to pay hosting fees, which can be annually, quarterly, or monthly. Non-payment of subscription fees mean you won’t have access to your financial data anymore. The cost of the use of cloud computing accounting application can vary depending on the functionality, the amount of transactions processed, or the number of authorized users. For on-site accounting application, a small business owner can just purchase an off-the-shelf accounting application and use it for at most 10 years. This can be a less expensive investment as compared to the amount of money you’ll have to pay the cloud computing vendor for 10 years.

Compared to on-site backup, data backup of software-as-a-service is religiously done, and are more efficient and reliable than your own. You also don’t have to worry about service packs and updates because your cloud computing vendor will take care of them automatically. Your IT staff won’t need to install upgrades on each computer. Cloud computing software also provides an assurance that you’ll have the most up-to-date software.

Response times can vary. An on-site accounting software has to deal with the data file’s organization, size of file, and network speed which can have a great impact on response times. For cloud computing accounting systems, you can find a supplier who has its servers in different parts of the world so that your business won’t be greatly affected by maintenance schedules. Also, you have to find an internet provider which can provide robust connection. In terms of customer support, there is really not much difference between on-site and software-as-a-service accounting software. Software support is usually located off shore therefore you can expect to wait long to be served. In choosing a software supplier, you have to ensure that there is local phone support so that you’ll have easy access to technical software support when you need one.

With the above discussion, you’ll surely learn a thing or two which will guide you in choosing the most appropriate accounting software for your needs. It can either be on-site or hosted in the clouds. As always, the choice is yours to take.

By Florence de Borja

SYNDICATED NEWS SOURCES

Linux Distributor Red Hat Reports 20.6 Percent Rise In Revenue

By CloudBuzz | September 25, 2017

(Reuters) – Red Hat Inc (RHT.N) reported a 20.6 percent rise in quarterly revenue as the Linux operating system distributor benefited from higher demand for its products targeting hybrid cloud. Net income rose to $96.9 million, or 53 cents per…

Cloudflare Announces Unmetered Mitigation to Make Attacks a Thing of the Past

By CloudBuzz | September 25, 2017

Eliminates “surge pricing” that had been standard in the DDoS mitigation space SAN FRANCISCO, Sept. 25, 2017 (GLOBE NEWSWIRE) — Cloudflare, the leading Internet performance and security company, today announced Unmetered Mitigation, giving customers unlimited and unmetered distributed denial-of-service (DDoS) attack…

IDC – Cognitive and Artificial Intelligence Systems to Reach $57.6 Billion in 2021

By CloudBuzz | September 25, 2017

IDC Spending Guide Forecasts Worldwide Spending on Cognitive and Artificial Intelligence Systems to Reach $57.6 Billion in 2021 FRAMINGHAM, Mass., September 25, 2017 – Worldwide spending on cognitive and artificial intelligence (AI) systems is forecast to reach $57.6 billion in 2021,…

(ISC)2 and Cloud Security Alliance Host Cloud Security Summit to Help Cybersecurity Pros Securely Harness Cloud Technologies

By CloudBuzz | September 22, 2017

(ISC)2 and Cloud Security Alliance Host Cloud Security Summit Research cites strengthening of cloud security skills top priority over next three years CLEARWATER, Fla. ,Sept. 22, 2017 /PRNewswire-USNewswire/ — (ISC)² today announced it’s partnering with the Cloud Security Alliance (CSA) for the CSA…

Exclusive: T-Mobile, Sprint close to agreeing deal terms – Sources

By CloudBuzz | September 22, 2017

(Reuters) – T-Mobile US Inc (TMUS.O) is close to agreeing tentative terms on a deal to merge with peer Sprint Corp (S.N), people familiar with the matter said, a major breakthrough in efforts to merge the third and fourth largest…

Hack of U.S. securities regulator rattles investors, stirs doubts

By CloudBuzz | September 21, 2017

WASHINGTON/NEW YORK (Reuters) – Wall Street’s top regulator faced questions on Thursday about its defenses against cyber criminals after admitting hackers breached its electronic database of corporate announcements and may have used it for insider trading. The incursion at the…