Originally Posted by oftheherd
Security is a big concern for me. Sure there is encryption. But that is getting easier and easier to crack. Either by hacking the cloud system, or piggybacking careless users. Also, the more information is consolidated, the fewer places that have to be hacked.
But that is just me.
Consolidation also presents less risk because a single coherent, dynamic security system is possible. The expense of creating an environment with the lowest possible risk is diluted by economies of scale.
Careless users are the most significant risk factor. However careless, individual users rarely compromise the entire server site. This is not the case for corporations/institutions as single-user credentials provide wider areas of access.
Criminals and vandals will rarely bother to decrypt data with no economic value. What is their motivation?
Except for ransomware (which has nothing to do with Cloud storage), data on your systems is of little interest to the bad guys. They follow the money. Ransomware attacks on private individuals is almost always due to significant negligence by the individual. This negligence takes the form of easily guessed passwords or using out-of-date or insecure OS and, or web browser software and
not bothering to back up data on a regular basis. With a trivial back up routine in place, ransomeware attacks on individuals are annoying but not catastrophic.