Security

How secure is Wave Accounting? For starters, it would be easier for someone to break into your home or office and steal your computer (and the information on it) than it would be to get your data from Wave Accounting. Security is a top priority for us, and we’ve incorporated industry-leading features into our service to ensure your data is safe. Here are some of the steps we take:

  • Wave Accounting uses the same kind of encryption that you see in online banking and online credit card transactions (128 bit SSL encryption). That means that even if someone could get at your data while it’s in transit, they would not be able to open it.
  • Our servers are physically and digitally protected: they’re locked in secure buildings that are monitored 24/7, and the technology is protected by firewalls.
  • The secure servers are backed up by equally secure servers, to ensure against lost data.
  • We insist on strong passwords (minimum 6 characters). The small inconvenience pays off huge in the level of security you can expect.

Standard precautions

With all the built-in security features of Wave Accounting, you should still take the same precautions you would take with other secure online transactions (like online banking) and desktop software:

  • Keep your password secure. Don’t choose passwords that can be easily guessed. Don’t use the same password for all your accounts. Don’t write your password down in a place where it could be found.
  • Keep your computer secure. If you’re logged into Wave Accounting or any other secure service, don’t leave your computer unattended, especially in a public space.
  • Keep your browser software up to date. We like Firefox. Whatever your browser of choice, make sure you download security updates when they’re released.
  • Always log in at waveaccounting.com — never at any other site. Make sure that after you’ve logged in, the padlock icon appears at the bottom of your browser — that means the login is secure.

Benefits of Wave Accounting Security

With Wave Accounting, you can look forward to many security improvements over old-school accounting software:

  • Safer than emailing: when you want to share financial data with collaborators, investors or other partners, you can grant them access to your Wave Accounting information. It’s safer than emailing spreadsheets or any files.
  • Lost your computer? Destroyed your hard drive? Did an electrical storm wipe out your servers? No problem. Since the data lives on Wave Accounting’s secure servers, your data is still intact even if your computer isn’t.
  • Always backed up: on Wave Accounting servers, your data always has a backup. Can you say the same about your current system?

Please contact us with any questions about the security of Wave Accounting.