Alternatively you can just not link your desktop to an online account. Which sounded idiotic to me in the first place. Nor will I trust important financial data to the cloud. I'm just waiting for the day when we start hearing reports of how hackers gained a back door access to Skydrive, Google drive, &c. Then spent weeks or months undetected sifting through petabytes of personal data of millions of people. Building the penultimate list for identity theft.
Sure my computer is no more secure except by obscurity. My computer is some pointless little trifle sitting in the recesses of the Internet. While these companies are great shining beacons attracting hordes of hackers from around the world. Existing in a state of constant siege. With thousands of attackers constantly searching out cracks in their fortifications.
The only way I would even consider trusting data is if it was fully encrypted on their end. Meaning if I lost the password the data would be irretrievably lost. Just like files encrypted on my desktop.