Security is a real issue even though it is true that cloud computing is just as safe as traditional systems when it comes to apparent vulnerabilities and security holes. This is because of the nature of cloud computing, the public cloud, there are a lot more people with proximity access to the data. What I mean is that compared to an in-house system where there is virtually no connection to the outside internet, the whole world will now be potentially be able to just walk up to your door, so to speak, in public cloud systems.
Via Peter Azzopardi