What happens when something is deleted, lost or stolen? Who takes responsibility?
"They are trying to minimize legal risk, but at the same time many are charging for a service," explains Shah. "I could be paying in the same price range for another service that takes accountability."
[For more on terms and service complications, see Everyone's Doing It, But Is It Legal?.]
WeTransfer, a file sharing service, takes no responsibility for data loss and is ranked by Skyhigh Networks as a high risk cloud service.
Becca Lipman is Senior Editor for Wall Street & Technology. She writes in-depth news articles with a focus on big data and compliance in the capital markets. She regularly meets with information technology leaders and innovators and writes about cloud computing, datacenters, ... View Full Bio