Safe to put Quicken files on iCloud?

Question

Level 1

14 points

Safe to put Quicken files on iCloud?

As I am traveling quite a bit, it would be convenient to keep my quicken file (quicken 2016, Mac) on iCloud, so I can access it both from my Macbook Pro while on the road, and also from my iMac at home, without having to copy / move the file back and forth between drives.

I don't seem, however, to have been able to find any good information about how safe such a move would be, both in regard to hacking, and also in regard to possible file corruption.

I would love to hear from anybody who have some real insight into this.

MacBook Pro with Retina display, iOS 10.3.2

Posted on May 31, 2017 7:51 AM

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Answer 1

Tesserax

Level 10

158,208 points

May 31, 2017 1:34 PM in response to Walentin

See if any of the following articles can help with how secure using iCloud is ... or is not:

From Apple:

iCloud security and privacy overview - Apple Support

"iCloud secures your information by encrypting it when it's sent over the Internet, storing it in an encrypted format when kept on a server, and using secure tokens for authentication."

From non-Apple sources:

How secure is iCloud? - Macworld
The naked truth about iCloud safety - Cult of Mac
How Safe Is Your Data Stored In Apple's iCloud? - Wired
How secure are Dropbox, Microsoft OneDrive, Google Drive and Apple iCloud cloud storage services? - alphr

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Answer 2

Walentin Author

Level 1

14 points

May 31, 2017 1:49 PM in response to Tesserax

The articles pretty much confirmed what I already believed to be true - that although pretty safer, there is always a risk.

Increasing safety by turning on the two-factor authentication, I think is not a good option for me, again, as I am traveling quite a bit internationally, and therefor often switch my sim card, according to my location, furthermore, I do not have good (in fact, lousy) reception where I live in the US, so verification by text / SMS would not work.

One subject I was rather interested in, however, was not mentioned in neither of the articles, namely, if the strong encryption Apple uses, could possibly corrupt a Quicken file.

Regarding security related to possible hacking, is in the end a matter of trust level and acceptance, but the question of possible file corruption, I do not know enough about to being able to make a decision wether to keep this type of files on Apples iCloud or not.

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