Cloud computing has emerged and paved its way forward at an unprecedented pace. It has managed to simultaneously transform business and government giving rise to new security challenges. The emergence of the cloud service model provides business supporting technology with an increased efficiency than ever before. The paradigm shift from server to service has revolutionized the way IT departments think, design, and provide computing solutions and applications. Yet, these revolutions have given birth to new security challenges – the full impact of which is yet to be determined.