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And now reality shows that the Cloud model is definately not as secure as the pro-Clouders would have everyone believe. DO NOT embrace the cloud as the total repalcmenet fopr your own network. Not only is it as secure as its been sold but the cloud providers will never fight to the same extent as you will to proetect your data.

http://phys.org/news/2012-11-vm-rude-awakening-virtualization.html#nwlt