Encryption and key management in the cloud

If the encrypted data is in the cloud, is it going to be ok to also store the keys in the same cloud?

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Above the hypervisor: File system encryption on SmartCloud Enterprise

If your job description requires you to store sensitive information of any sort on your work laptop or desktop computer, chances are your company security policy requires you to keep your fixed or removable disk storage encrypted. And if you’re particularly worried about the privacy of the data on your personal computer, for example your bank records, you might even keep your personal computer encrypted. But have you thought about encrypting your instances in a public cloud?

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