Yes => secure.
No => not secure.
QED.
Unless you have the power to define your own information boundaries (eg. via your own security in your own cloud account, or your own network), you can't assume privacy is protected.
Any kind of privacy assurance is only as good as the word of the salesman.
Would you send your medical records to an arbitrary 3rd party? Would you send your production code base to an arbitrary 3rd party?
There are very few entities that people trust for this (eg. AWS) because they have a history, reputation and audit history to support their claims.