Top Security Features of Tally on Cloud: Is Your Data Safe?

For businesses both large and small, Tally has been revolutionizing the way in which accounting is done. With the implementation of Tally on Cloud, businesses can better manage their financial data. While cloud-based Tally solutions offer flexibility, scalability, and cost savings, security remains a top concern for businesses. So, is your data safe with Tally on Cloud? In this article, we will discuss the most important features that protect sensitive financial data.

1. End-to-End Data Encryption

Every detailed and accurate security system must begin with encryption, and Tally on Cloud is no different. Tally on Cloud encrypts your data during the entire life cycle, both while at rest as well as in transit. Even in the event that cyber criminals try to obtain unauthorized access to sensitive financial data, they would not be able to read or manipulate the information due to these advanced encryption protocols. 

2. Multi-Layer Authentication (MFA)

Cevious, one of the leading Tally on Cloud providers in Noida, applies Multi-Factor Authentication (MFA) for added protection against unauthorized access. This means a single identity authentication password is not sufficient, an OTP, biometric scan, or another authentication method has to be used too. MFA drastically changes harsh realities around security by protecting people in many ways when trying to access TallyPrime on the cloud. 

3. Role-Based Access Control (RBAC)

Another great feature of Tally on Cloud is that businesses can ensure confidentiality. Role Based Access Control (RBAC) functionality means that employees can have certain designated roles and related permissions, thus financial data will only be accessible by employees designated to sensitive financial positions.

4. Automatic Data Backups & Disaster Recovery

Complete loss of financial data can be detrimental. TallyPrime on Cloud features automatic data backup and disaster recovery systems cleanup accidental deletes, hardware malfunctions, or cyber attacks. Backups being maintained regularly makes it possible for businesses to recover lost data speedily and seamlessly.

5. Secure Remote Access

Remote access is one of the many positive features of Tally on Cloud. Secure remote access is a must, however. The cloud platform takes protection a step further by employing firewall, VPN, and IP whitelisting so that login is both location and device specific to trusted users only.

6. Regular Security Updates and Patch Management

Cyber threats are on the rise, and lack of system updates means an open invite to attack. The best Tally on Cloud provider in Noida regularly deploys security patches and updates, so TallyPrime remains unexposed to incoming cyber threats.

7. Compliance with Industry Standards

Regulatory compliance is a requisite for businesses working in finance, retail, manufacturing, and other industries. Tally on Cloud employs security protocols like GDPR, ISO and SOC 2 compliance in a bid to best secure the finances of businesses.

8. Monitoring and Detection of Unauthorised Access & Real-Time Intrusions. 

The solution boasts an IDPS (Intrusion Detection and Prevention Systems) that actively monitors system user behavior to recognize and deny attempts to gain illegal system access. Additionally, these systems enable further preventative measures. IDPS encompasses comprehensive, automated systems that merge and process logs resulting from the execution of various hostile intrusions and the infiltration or infection that occurs at different levels of the system. 

9. Switching Mechanism and Serve Based System Redundancy. 

Tally on Cloud provides failover capabilities through seamless switching of operational tasks between the primary and backup servers. Tally On Cloud ensures that your information is made accessible through multiple secure vaults or locations to minimize the chance of data destruction through server failure. This redundancy ensures high service availability permitting business enterprises to operate without interruption due to data related issues or challenges.