This is hardly a new problem that only appears in the cloud. Any bank that offers a private secure storage facility I.e. a safety deposit box, or anyone that offers a PO Box service is also exposed to the same risk.
But both of these services exist, and have existed for hundreds of years, and don’t require service providers to go snooping though their customer’s possessions or communications.
But both of these services exist, and have existed for hundreds of years, and don’t require service providers to go snooping though their customer’s possessions or communications.