Let’s discuss 5 key tips for storing tax documents on Google Drive. Since you may have multiple computers and devices connected to your Google Drive account, it can be challenging to keep track of everything. The most significant risk to your documents on Google Drive is actually yourself. 5 Tips For Storing Tax Documents On Google Drive In short, the risk of storing your tax documents on Google Drive is low. Files are most vulnerable as they’re in transit, and the TTL protocol prevents hackers from intercepting the data.Īlthough it’s not impossible, breaching Google’s security during the transfer process is incredibly difficult. When your files are in transit as you upload them to Google Drive, they are encrypted with the Transport Layer Security ( TTL) protocol. When storing tax documents on Google Drive, the primary security characteristic you should consider is file safety during uploads and transfers. Security threats come in many forms, including: For this reason, Google offers 256-bit Advanced Encryption Standard technology (aka best of class encryption software) on all of its Drive servers. A single data breach can lead to catastrophic consequences because of Google’s massive userbase.
With over 4 billion Google users worldwide, data protection and security are the top priorities at Google. Google Drive Security & Encryption: Overview Google Drive vs Trustworthy for tax documents Google Drive vs internal/external drives for tax documents Google Drive vs paper storage for tax documents In today’s crucial tax preparation guide, I’ll cover:Īn overview of Google Drive’s security and encryptionĥ tips for storing tax documents on Google Drive Although Google Drive is convenient and free, there’s a chance your tax documents fall into the wrong hands when they’re stored on Google Drive.īy the end of this guide, you’ll understand the best practices for storing tax documents on Google Drive and why Trustworthy is the best Google Drive alternative. Trustworthy is a better digital storage solution for your tax documents in comparison to Google Drive. However, Google Drive isn’t designed explicitly to store financial documents, and it isn’t the safest digital storage platform. Google Drive is generally safe from external threats such as data breaches and cyber-attacks because your files are encrypted when they’re uploaded and stored on Google Drive. Because of this, you may be thinking about storing your tax documents on Google Drive.īut is it safe to store tax documents on Google Drive? There’s nothing enjoyable about digging through filing cabinets to find a specific tax document.
Managing all of your paper tax documents is challenging and time-consuming.
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