Restarting the free accounting search

Bad backups have caused many businesses to close their doors permanently. Some statistic I've read before says that something like 2/3rds of companies that suffer major data loss are out of business within six months.

Losing access to data or having data breach is a existential threat for almost all types of businesses. Much more serious then, say, being kicked out of a building.

If you depend on cloud providers too much and don't have a alternative way to retrieve and use your data then you are tying the fate of your business into the fate of your cloud providers. Their accidents can mean you are left dead in the water.

Even the best cloud provider has 'lost accounts'.. virtual machines go dead, customers are kicked out of their own accounts, etc. etc. Stuff happens. Their loss is your business. Your loss could be your business, as well. Your risk is much higher then theirs.

I don't have a problem with cloud services, but it really doesn't change much when it comes to dealing with backups and restores.