some argue that the cloud is still not secure enough for hosting confidential or critical data

some argue that the cloud is still not secure enough for hosting confidential or critical data

Cloud computing is becoming mainstream with adoption by major enterprises. However, one inhibitor for Cloud adoption is the Cloud security. Some argue that the Cloud is still not secure enough for hosting confidential or critical data.
Do you agree or disagree with this position?
Describe the reasons behind your answer with real life examples.
 
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