AFAIK, there has never been a memory encryption scheme that successfully protects the VM client from the hypervisor, they've all been found to be defective within a few years on the market.
It is probably an useful layer because some of the attacks are not feasible for a remote attacker who has compromised the host but require actual physical access. But the marketing spiel of protecting your data from Amazon itself is just lies, physical access is more powerful than root access, no exceptions.
It is probably an useful layer because some of the attacks are not feasible for a remote attacker who has compromised the host but require actual physical access. But the marketing spiel of protecting your data from Amazon itself is just lies, physical access is more powerful than root access, no exceptions.