There can be as much risk to your data within a Cloud environment as there is when it resides locally within your own servers. When researching Cloud providers and data centers, make sure you understand their compliance and certification with the security standards and protocols that impact your industry.
CSO Online maintains a thorough list of security laws, regulations and guidelines by type:
http://www. csoonline.com/article/2126072/compliance/ compliance-the-security-laws-regulationsandguidelines-directory.html