In my old university, the people working on the genome studies had to sign a draconian NDA and they had a dedicated air-gapped compute cluster for it. If your genomics study can produce a patent for a new diagnostic method or maybe even a drug precursor molecule, that'll be way more valuable than everything you spent on security.
And already 8 years ago, hacking attempts by what was thought of as foreign government actors was a common experience in life science research. When I had to give a talk about our methods, we scrambled all the gene IDs for fear of the slides getting leaked.
So based on how people working in that field behave, I presume they would never ever agree to upload the data to servers outside of their control. Accordingly, I can only imagine this service to be used accidentally by inexperienced students (who are then on the hook for violating their NDA).