http://www.cnn.com/2012/08/06/tech/mobile/icloud-security-hack/index.html?hpt=hp_t3
I am convince that no matter how far technology progress and how secure we think it is there will always be someone for whatever reason who will hack it. It sad really. It's just like when you tell a kid not to touch the wet paint he will always touch it. Now these kids are all grown up and told, look at the latest greatest and safest, and then they go and have to hack it.
The news I see here isn't that cloud computing got hacked - that's not really a surprise.
The news is that Apple has grown large enough to become a target of hackers. We all knew that Apple wasn't immune to hacking, just too small for most hackers to worry with.
This is one sign that's changing.
I highly recommend reading this -
http://www.wired.com/gadgetlab/2012/08/apple-amazon-mat-honan-hacking/
As someone else has pointed out in one of the articles about this incident- This isn't actually 'hacking' but 'phishing' since no clever cybertools or scripts were used. The miscreants learned all they needed from the victim's web presence and from the customer service personnel at Apple and Amazon along with a little bit of lucky guessing. If the guy hadn't daisy-chained som many of his accounts together the incident would have been much less severe. BTW this kind of phishing is also called 'pretexting' in respect to the spoofing of the customer support people and has been used for eons by con men, PIs, and even Law Enforcment when they need to circumvent the need for things like search warrants.