Cloud storage--using Internet-based service providers to store digital assets such as books, music, videos, photos, and even important documents including financial statements and contracts--has become increasingly popular in recent years. But is it right for you?
Opinions vary on whether to store your most sensitive information in the cloud. While some experts say you should physically store items you're not willing to lose or expose publicly, others contend that high-security cloud options are available.
If you're thinking about cloud storage for your financial documents, consider the following:
· Evaluate the provider's reputation. Is the service well known, well tested, and well reviewed by information security experts?