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The Quantum Security Question: Cloud-Based Accounting Software

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Quantum computing isn’t just a buzzword for sci-fi enthusiasts or a far-off dream in a lab. It’s coming—and it’s coming fast. That’s a huge problem for today’s encryption systems, which were never designed to face the computing power of quantum machines.

If you’re running an accounting firm using cloud-based software—and let’s be real, if you’re not, what are you doing?—then you’re part of the countdown to a not-too-distant future in which encryption technologies take on a very different hue.

Spoiler alert: Not many software companies are ready for this yet. But the good news? Responsible vendors (like Botkeeper) are already thinking about the challenge and how best to meet it.

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The Quantum Threat: Cloud Security Has a Gaping Hole

Let’s break it down. Quantum computers don’t just make things faster—they shatter traditional ideas of speed and security in certain areas. What takes today’s supercomputers years could take a quantum computer mere seconds.

One thing they are excellent at, are breaking encryption methods. Encryption methods are things that guard your clients’ most sensitive data, such as the data that powers your bank logins and accounting apps. Imagine if those systems become obsolete overnight once quantum computing becomes widely available. And when that happens, it won’t be subtle. We’re talking potential breaches at scale. Total data compromise. Firms scrambling to pick up the pieces.

So why wait?

You don’t need a crystal ball to know that when quantum computing goes mainstream, the accounting world won’t be immune. In fact, it’ll be a prime target.

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Post-Quantum Cryptography: The New Guard of Security

Here are the heavy hitters in the post-quantum security race:

Multivariate Polynomial Cryptography

Think: complex math with so many variables that even a quantum machine breaks a sweat. It’s fast, versatile, and one of the front-runners for practical quantum resistance.

Isogeny-Based Cryptography

This one's the lightweight champ. Ideal for devices with limited processing power—like mobile apps your clients are already using. Small, efficient, and quantum-secure.

Hash-Based Cryptography

Simple. Strong. Proven. This method builds on traditional cryptographic hashes but turns them into a powerhouse for securing digital signatures in a quantum world.

National Institute of Standards and Technology (yeah, the NIST) is currently leading a global effort to standardize post-quantum cryptography. The clock is ticking, and these technologies are poised to replace the vulnerable stuff most firms are using today.

How to Tell if Your Vendor is Actually Doing Something About This

Here’s what real action looks like:

  • Proactive Risk Assessments: Not just once a year. We're talking continuous evaluation and adaptation to the latest trends.

  • Active R&D on Quantum-Safe Encryption: If your software vendor can’t articulate their awareness and planning on a response, that’s a red flag.

  • A Roadmap for Post-Quantum Standards: Ask them if they’re tracking the NIST project. If they look confused, run.

This is what separates the leaders from the dinosaurs. At Botkeeper, we didn’t get where we are by ignoring the future.

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Botkeeper’s Security is Looking Ahead

Let’s cut through the noise—Botkeeper doesn’t just talk security. We prove it.

If you’re trusting a vendor with your clients’ financial data, “good enough” encryption isn’t going to cut it. That’s why Botkeeper bakes security into every layer of our platform, from our code to our culture.

SOC 2 Type 2 Certified (That’s a Big Deal)

We’ve earned and maintain SOC 2 Type 2 accreditation, the gold standard for secure cloud services. That means:

  • We have controls in place to protect data against unauthorized access.

  • We can detect anomalies and threats across our entire ecosystem.

  • We don’t just block risk—we can repair and recover fast if something hits the fan.

  • Our systems are audited annually by an independent third party—because trust is earned, not assumed.

Translation? We don’t just say we’re secure. We’ve got the receipts.

We Never "Set-and-Forget" Security

Cyber threats evolve daily, and our security team doesn’t sleep on the job. We:

  • Monitor emerging threats and adapt in real time, including with a 24/7 Security Operations Center.

  • Run continuous penetration testing and system audits

  • Train (and re-train) our staff on best practices so your data doesn’t get compromised by human error

Our security protocols are like our automation—always improving.

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Tech Specs That Actually Mean Something
  • AES 256-bit encryption for data at rest and in transit (same as top-tier banks)

  • Two-factor authentication to keep logins tight

  • Biometrics, background checks, and tight permission controls

  • Redundant US-based AWS data centers

  • All of it governed by U.S. law and regulatory standards

We’re not playing games with your data. Every policy, platform, and process is built for maximum security and total peace of mind.

Privacy? Locked Down.

You don’t want your personal info floating around the dark web—and neither do we. We:

  • Only collect personal information when you provide it and consent on how it is used.

  • Never sell, rent, or lease your info to third parties

  • Protect it with SSL protocols, encryption, and 2FA

Your privacy isn’t a feature. It’s fundamental.

Vulnerability? Bring It On.

Our Vulnerability Disclosure Program (VDP) invites the world’s top ethical hackers to do what they do best—poke holes in our platform. If they find one? We fix it. Fast.

Security isn’t a one-time badge—it’s a continuous collaboration. And we’re proud to be one of the few vendors in the space who open the door to responsible disclosure.

Want the full rundown? Check out our security protocols here and our Vulnerability Disclosure Program here.

In the future?

Security is Botkeeper’s foremost concern. We’re actively tracking security developments to guard against data loss and theft, whether that’s keeping up with the hack du jour or understanding the steps we’ll need to take as computing makes its first foray into the quantum realm at scale.

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What Your Firm Can Do Today (Before It’s Too Late)

Here’s how to start future-proofing your firm:

  • Audit your tech stack

    Map out what software handles your clients’ sensitive info. Then ask those vendors the tough questions.

  • Start the quantum conversation now

    Most firms haven’t even thought about this yet. Be the one who leads.

  • Choose vendors who build for the future

    If your tech partners aren't talking about quantum yet, you’ve got a problem.

The Future of Bookkeeping Deserves Future-Proof Security

Quantum computing might not be knocking on your door today, but it’s on the block—and when it shows up, it’s not going to knock politely.

At Botkeeper, we don’t just automate bookkeeping. We build the future of bookkeeping. That means leading the charge on security, compliance, and innovation—even when the industry drags its feet.

If all of your data were decrypted by a quantum machine, it’d be too late to catch up. Having a vendor looking forward to the future is vital, and if your vendors aren’t thinking about this, it’s time to rethink your vendors.

 

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