I ran a "Managed Services" business unit (pre-Cloud, but same concept) for small businesses, and while it was cost effective for them, it required a lot of work on our part to keep it secure. I'm waiting for the "giant hack" to hit one these cloud services and see the fall out from it.
If anyone reads all of the disclaimers cloud companies are protected from any liability to the users access or loss of data
Like everything terms are subject to change like the weather :)
In an email today to its customers, Microsoft has announced new terms of use and privacy statement:
Microsoft Services Privacy Statement: http://www.microsoft.com/privacystatement/en-gb/windowsservices/default.aspx
Microsoft Services Agreement:...
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