Hi,
OneDrive is free online storage that comes with your Microsoft account. Its like an extra hard drive thats available from any of the devices you use. Microsoft has already introduced OneDrive previously, I'd like to share the link with you:
http://windows.microsoft.com/en-in/windows-8/getting-started-onedrive-tutorial
Regarding to the security, you can refer to the following solutions to protect your files in OneDrive,
http://windows.microsoft.com/en-in/onedrive/security
and for more info about the security framework we use to help protect your files, please see Microsoft data center security and compliance.