Staying safe in the cloud: with online solutions and cloud-based systems becoming increasingly common for accountancy practitioners, what steps can you take to ensure that your clients' data is secure?

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"The cloud isn't niche. It's coming for everyone." This was the verdict of Chris Hall, director of finance at transformation consultancy Gibbs Marshall, at a recent panel debate on the subject of online solutions and security, hosted by CIMA and accountancy solutions provider Sage. However, for Hall and many other professionals within the finance function, the advent of these systems raises one critical and increasingly pertinent question: "How can accountancy professionals reconcile the duty of care they have over clients' data with this new technology?"

The debate, which took place at the Barbican in London, featured speakers from the world of online security who offered their perspective on this issue, as well as the challenges and opportunities in the area.

The benefits of cloud-based solutions are clear. According to a survey commissioned by Sage and CIMA, eight out of...

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