[ethbro]

Flipside (pro-cloud pov): if the work to protect one egg applies to all eggs, then cloud providers will always hypothetically be able to spend more on security due to economies of scale

Essentially, choose your vulnerability: cloud provider single point of failure or in-house lack of resources

[Piskvorrr]

Yup. It all boils down to a business decision, the technical merits are not prevalent for either case.