engine - 7:11 pm on Dec 14, 2010 (gmt 0)
The risks include loss of legal rights to data if it is stored on a company's machine's rather than your own, Stallman points out: "In the US, you even lose legal rights if you store your data in a company's machines instead of your own. The police need to present you with a search warrant to get your data from you; but if they are stored in a company's server, the police can get it without showing you anything. They may not even have to give the company a search warrant."
This is such a well put reminder for all. I just think that most people have no idea about where their data is stored, and about access. The recent Gawker hack [webmasterworld.com] is an excellent reminder of why cloud computing is good for things that are unimportant.