If you’re running an accounting firm you’re likely faced with a significant issue: do you host your (and your clients’) data internally or move it to the cloud? A few years ago, the decision was harder because cloud technology was less mature. But today the answer is much more clear. Yes, you should be leveraging the cloud for all of your firm’s data – including your clients’ data. In fact, not doing so creates more risk than rewards.

Here are five significant risks.