Cloud provider: The best security for your passwords is to never give them to us

Ethan Oberman, CEO of cloud backup and sharing service SpiderOak, has a proposition for enterprises that may be leery about using the cloud because of a perceived lack of security. The best security for cloud storage, he says, is to encrypt the data and not give your service provider the keys to unencrypt it.

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Story added 21. August 2012, content source with full text you can find at link above.