Contributing to this vast cloud of uncertainty is the tremendous and palpable fear of what new taxes and regulations are hiding in expansive new government laws, such as the Patient Protection and Affordable Care Act (PPACA).

FORBES: Send ObamaCare To The Supreme Court Right Now

"With iTwin SecureBox, users can store sensitive data in the Cloud without fear", says Lux, CEO of iTwin.

ENGADGET: iTwin SecureBox adds hardware encryption to your Dropbox account

In a recent survey of 4, 500 high-level IT professionals in 83 countries, ISACA (the Information Systems Audit and Control Association) discovered that organizations fear the risks of using public cloud services.

FORBES: Cloud Data Security: How to Analyze your Risk

In fact, leading cloud services like Amazon may resist a standard for fear of losing their proprietary lock on early customers.

FORBES: Bridging The Clouds