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How secure is Google Drive for holding bank information?

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  • takman
    takman Posts: 3,876 Forumite
    1,000 Posts Combo Breaker
    Passwords are a bit risky in themselves though.

    I could set a password, it could be something as easy as anything - our surname for example. Surely we all remember that right?

    But then in 30 years time when the file needs to be accessed it can be a case of - oh no, what was the password again? Can you remember? No i can't remember it's been so long.

    But surely this is going to be an active document which is regularly updated every time anyone changes bank account, changes a standing order, closes an account etc.

    If it's going to be created today and not accessed again for 30 years it won't be very useful.
    This also means you don't need to worry what file formats will be accessible in 30 years time as you will simply move the data to a new format as the current format becomes less common.
  • takman wrote: »
    But surely this is going to be an active document which is regularly updated every time anyone changes bank account, changes a standing order, closes an account etc.

    If it's going to be created today and not accessed again for 30 years it won't be very useful.
    This also means you don't need to worry what file formats will be accessible in 30 years time as you will simply move the data to a new format as the current format becomes less common.
    Yes it will be updated regular - by me.

    The rest of the family i am quite sure will just be like ok thanks for setting that up, at least we know there's something in place should you no longer be here. Which is about as much interest as they show in banking :rotfl:They generally just leave it to me because i don't mind helping them. As for the question of "well if you didn't do then they'd have to....?" well no they wouldn't, they'd have 1 current account & 1 savings account & that'd be it. All parties are quite happy with how it works right now and the moment any of them were to say - no i want this made simpler then no problem. I don't force anyone to do anything that they've a problem with. I suggest things & they either accept or they don't, if they don't then it doesn't happen.
  • benjus
    benjus Posts: 5,433 Forumite
    Part of the Furniture 1,000 Posts
    benjus wrote: »
    Seems fair.

    Here goes: https://we.tl/dBDaIimwpo

    AndyPix seems to have gone very quiet since the challenge was issued... I feel rather sure that he would not have kept quiet had he successfully cracked the message.

    So AndyPix - are you admitting defeat or have you decided that you've got better things to do now?
    Let's settle this like gentlemen: armed with heavy sticks
    On a rotating plate, with spikes like Flash Gordon
    And you're Peter Duncan; I gave you fair warning
  • realaledrinker
    realaledrinker Posts: 1,661 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker I've been Money Tipped!
    edited 24 December 2017 at 5:31PM
    No - see posts 33 & then 34 where he admitted he was referring to a scenario which would not apply in 99.99% of cases. Hardly "trivial" (post 20).
    Ethical moneysaver
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