This is one of the problems with the cloud as well. You assume your website is well and safe but a Digital Ocean (or whatever) employee could always hack it.

this is one of the problems with datacenters as well. you assume your router is well and safe but the NSA (or whatever) employee could always intercept it in transit and hack it.

this is the problem with offshore hosts as well. you assume the lack of an information sharing treaty and plain text writing of a law ensures the privacy of your data, but the government can just arbitrarily hand it over to the first FBI agent that asks

this is the problem with hosting it at home on your own server with your own hardware. Your kids will hack it when you're not looking and install a Roblox server and let every idiot into your server to do whatever they want with it. Also, kids are stupidly easy to bribe.