The benefits from having online property management tools are obvious, especially if you follow and believe the CAPM blog. The convenience of online data brings with it dangers of theft. Even large companies are at risk. In a press release, Multi-Systems Inc features their work with Best Western hotels. Just over a month later, The Sunday Herald reports that Best Western has been hacked by Indian organized cyber criminals.
Create policies to protect your online data. This requires data security on the part of your technology partner. More than PCI Data Security Standards, make sure they follow standards like ISO 17799 2005.