http://aws.amazon.com/articles/1697 This article talks about some basic security that Amazon has. It does not specifically say anything about user data, but I assume that it is relatively safe. I would be careful if you were transmitting any confidential user information, passing the user ID, it should be in order, but I would not miss passwords or credit card information with him, etc.
If you are concerned about security, you can always encrypt the data yourself and decrypt the data when it reaches your instance.
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