Cloud computing has formed the conceptual and infrastructural basis for tomorrow's computing. The global computing infrastructure is rapidly moving towards cloud based architecture. While it is important to take advantages of could based computing by means of deploying it in diversified sectors, the security aspects in a cloud based computing environment remains at the core of interest. Cloud based services and service providers are being evolved which has resulted in a new business trend based on cloud technology. With the introduction of numerous cloud based services and geographically dispersed cloud service providers, sensitive information of different entities are normally stored in remote servers and locations with the possibilities of being exposed to unwanted parties in situations where the cloud servers storing those information are compromised.