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depending upon what you call a breach, the cloud computing has already
been broken into.

1. A number of companies that offered free or cheap data storage via the Internet have closed down at short notice and not given all their clients / users sufficient time to recover their data before the servers were shut down.

2. Internet based hosting services are a form of cloud computing. In the recent court cases with the company MegaUpload the company that hosted their servers had over a hundred system confiscated by the US law enforcement people so they could examine them. Last I heard the was no talk of handing them back or reimbursing the hosting service for the cost of the systems. The loss of so much assets was a severe financial blow to both MegaUpload and the hosting company, and both may end up closing down despite the fact the early court ruling are the US feds are in the wrong.

...............

Now for the scary thoughts:-

Picture a very rich criminal organisation setting up a business to offer Cloud Computing Services at a very good price. They don't need to make a lot off the fees they charge, they can make a fortune via data mining of the clients' information stored on their servers and using it to their advantage.
Posted by Deadly Ernest
6th Sep