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Just because Cloud Storage is a tempting Target for the Bad Guys and when some of those Bad Guys are Foreign Countries the best possible security any company could muster will hold for about 5 seconds against a State Player who has resources that are undreamed of by the Normal Crackers.
The best Tempting Targets are large Cloud Storage Facilities who have many clients as when they break the security on one of these places they can access thousands of customers Data.
Compare that to a single hosted Web Site run by a company where there is just the one user so that type offers a low return unless that want specifically something from that particular company. But for the General Fishing Cracks the Big Cloud Players are always the best target for Country Crackers as they offer a Large return for little effort and the scary thing is that the companies running those Cloud Facilities do not even realise that they have been cracked and all their customer Data copied.
It’s good if it doesn’t do what you need it’s rubbish.
Just remember no matter how Secure these places claim they are they will be broken open in under a few seconds when it is a Country Intelligence Services that opens them up as opposed to just some Cracker.
You should never put anything into any Cloud which you do not have backed up elsewhere that way you are far more likely to keep it.