Anyone with access to the hypervisor at the service provider will have access to plaintext.
This is mostly true with today's state of the industry, but with upcoming technologies like Intel SGX[1], the hypervisor will not be able to access the plaintext anymore.
This is mostly true with today's state of the industry, but with upcoming technologies like Intel SGX[1], the hypervisor will not be able to access the plaintext anymore.
[1] - https://software.intel.com/en-us/blogs/2013/09/26/protecting...