In the recently concluded Black Hat USA, 2014, one of the topics that drew much attention was the session on the pitfalls in cloud environment security. Normally, such deliberations at security conferences are perceived as hypothetical or purely academic. However, it was different this year with security professionals becoming quite interested in this topic. The reason for this is quite obvious – just a while ago, CodeSpaces.com, a code-hosting and collaboration platform went out of business for a whole day because hackers gained access to their Amazon EC2 control panel and deleted data of hundreds of their customers