With the recently-reported hacks of DropBox, Amazon and iCloud having heightened concerns about the security of personal information stored on cloud services, Apple co-founder Steve Wozniak has voiced apprehensions of the so-called cloud computing environment.

Since cloud computing basically comprises the uploading of data on remote servers rather than the traditional hard disks, Wozniak – during the course of a conversation with the Associated Press – warned of horrific problems that will come along with widespread migration of the users to the cloud.

Noting that storing data on the cloud implies that consumers have signed away content which they otherwise would have owned, Wozniak told the Associated Press that he was really worried about “everything going to the cloud.”

According to Wozniak, users “don’t own anything” in the cloud computing scenario, as everything they own is already “signed away” when they agree to a cloud provider’s ‘terms of service.’

Despite the fact that a lot of users may feel that they have all the information which they have “signed away” on their computers, Wozniak still reiterated that the more the content transferred onto the cloud, the less will be the control the users have over it.

Further inferring that security will always be at a potential risk when more and more data is stored on the cloud, Wozniak said that such a situation will be quite “horrendous,” and added: “I think there are going to be a lot of horrible problems in the next five years.”