CodeSpaces.com was forced to shut down after a hacker broke into its cloud infrastructure. Hackers gained access to Cloud Spaces’ control panel on Amazon’s Elastic Compute Cloud (EC2) and deleted customer data. Cloud Spaces boasted that its hosting services had full redundancy, high availability and real-time backups to multiple off-site locations. The company had also claimed to have a full recovery plan that has been proven to work and is, in fact, practiced. The incident is an unfortunate example of the challenges companies face when it comes to securing their cloud-based environments.”]