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Rico
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For anyone worried about the safety of your informations in the cloud… I think it is much more dangerous to keep all your datas sitting on your computer locally. Computers and external hard drives are prone to break very easily, and they may get stolen or burn in a fire.
I run my full business on line, which means that I am able to run it from any computer connected to the internet. Of course you need to know the rules of the game, change your password often, use only well known services, etc.

It is so much easier to lose your datas home then in the cloud, and I am firmly convinced that the Chinese or Vietnamese government are not interested in my accounting :D