Data sync and security
Money uses two extra layers of security to ensure the safety of your data – encryption and iCloud synchronization. Adding a password encrypts Money data using a military-grade 256-bit AES encryption, while backing up data to iCloud not only allows keeping it up-to-date on several devices, but also ensures that data remains safe in case a device is reset, lost, or replaced.
To set a password, go to Money menu > Preferences > Security, and click Set Password. Enter a password hint, which could help you remember the password in case you forget it.
Setting a password will generate a recovery key, which can be used to decrypt your data in case you forget your password. Please copy the recovery key and keep it in a safe place. If you lose your recovery key, and forget your password, your data will be lost irrecoverably.
To change password, go to Money menu > Preferences > Security, and click Change Password. If you want to remove the password completely, leave the new password fields empty. This will also decrypt your data, and continue unencrypted.
Money will offer to use iCloud synchronization to keep your data up-to-date across your devices after launching the app for the first time.
If you chose not to use iCloud synchronization during the initial launch of the app, you can always enable it in Money menu > Preferences > iCloud, by clicking Enable iCloud. This will copy your data into iCloud.
iCloud synchronization is carried out automatically, however, if you have unreliable connectivity, you can see the date and time of the last successful synchronization.
To disable iCloud synchronization, go to Money menu > Preferences > iCloud, and click Disable iCloud. Your data will no longer be synchronized with other devices.