The data integrity protection in Cloud Computing a very challenging and potentially formidable task, especially for users with constrained computing resources and capabilities. Thus, enabling public auditability for cloud data storage security is of critical importance so that users can resort to an external audit party to check the integrity of outsourced data when needed. To securely introduce an effective third party auditor (TPA), the following two fundamental requirements have to be met: 1) TPA should be able to efficiently audit the cloud data storage without demanding the local copy of data, and introduce no additional on-line burden to the cloud user; 2) he third party auditing process should bring in no new vulnerabilities towards user data privacy. In this paper, we utilize and uniquely combine the public key based homomorphic authenticator with random masking to achieve the privacy-preserving public cloud data auditing system, which meets all above requirements. Extensive security and performance analysis shows the proposed schemes are provably secure and highly efficient. In this paper, we propose a novel privacy-preserving mechanism that supports public auditing on shared data stored in the cloud. In particular, we exploit ring signatures to compute verification metadata needed to audit the correctness of shared data. With our mechanism, the identity of the signer on each block in shared data is kept private from public verifiers, who are able to efficiently verify shared data integrity without retrieving the entire file.