The problem, of course, is that the international data cables to/from Finland go through Russia and Sweden. The former probably has no legal obstacles inspecting all web traffic and the latter is a known partner with the US/NSA in data inspection/gathering.

I think there is a huge opportunity for a more secure cloud storage application with stringent design that provides no access to the data to the organization providing the service. Unfortunately F-Secure did not implement this, but instead created a service that provides 'automatic virus inspection for your files'. That is just too close to 'automatic general inspection of your files' for my taste.