100 years back, people were not ready to keep their money in Banks because they thought that it is always safe to keep our money with ourselves. However, times have change and now people prefer to keeping their money in Bank. In-fact, keeping money and valuables in bank is safer than keeping it with us as they have better security.
Similarly your data is safer on cloud because hosting companies have lot of safety and security in place to protect your data. They have hardware and software firewalls, backed by n-tier architecture and isolation techniques. They also have robust backup systems.
We have taken a number of measures to ensure the safety and security of your data.
We take every possible precaution to to ensure security of your data. However, for additional security, we recommend that you download your data at periodic intervals in Excel or XML formats.