If you still haven't settled on a Google Reader alternative, or you're concerned about security on any of the popular offerings, MiniFlux is worth checking out.
MiniFlux hangs its hat on security. As a self-hosted service, you can be sure that nobody's scanning your reading habits to sell ads. There's also no social network integration, and links are opened with the rel="no referrer" attribute, so nobody will know where you came from. Some might call it paranoid, but privacy should be on everyone's mind these days.
Beyond its impressive security chops, MiniFlux offers a very clean, minimal interface that looks great no matter what device you use. There's no API, so you won't get integration with any mobile or desktop apps, but the web version is fantastic if you don't care about such things. It works as you'd expect: you add feeds, and then read the articles as they come across. The one (admittedly major) omission is a lack of folder support.
MiniFlux is free and open source, but you can pay for a hosted version for a €10 one-time fee if you don't have a hosting plan or web server. It's certainly not for everyone, but it's worth a look if you're particularly concerned about privacy.