I'm sure you'll be unable to find any examples of self-hosted data being hacked, hit by malware, or otherwise attacked.
A news article is a terrible reason to make engineering decisions.
I single news article, certainly. A handful of news articles, probably. But news articles can be effectively used to support strategic decision making. It's done all the time.
In my case I believe that putting trade secrets on an AWS cloud instance just doesn't seem like a good idea.