No. Banks, governments and airlines all prefer to store info in the Cloud. It is inherently safer. Your confidential email and proprietary communications are already there. Cloud computing prevents physical access to hardware. Ninety-eight percent of all data loss is due to local equipment failure, and 99% of data theft is from internal personnel, or emailing confidential info in spreadsheets to unauthorized parties. TrackResults has a 100% perfect track record. No data loss from either theft or equipment failure- EVER.