Sure you could join everyone else and put your data on the Amazon Web Services (AWS) public cloud, or you could use the latest ownCloud 7 to run your own private cloud.
European-U.S. data protection agreement: Yet another attempt, yet another failure
The recent agreement between the US and the EU is the third attempt to secure the transfer of personal data from Europe to the US. Holger Dyroff, co-founder and COO of ownCloud, does not see the new regulatory attempt as a satisfactory solution.