There have been many cases of data loss even with reputed firms all over the world.
The data loss incident that took place in July this year had details of employees of the National Offender Management Service in England stolen from the private firm, EDS. Government organisations and departments have also suffered data loss for various reasons, but mainly due to improper data storage and data backup.
The data was stored on hardware such as hard drives where it is vulnerable to loss or theft.
Hence, companies have started storing their data online as online backup and online data storage is much more safe and reliable.
Many companies offer backups but you should check to make sure all your needs are met. A regular e-mail is sent to you informing you that backup was successful or not and this information and your back up can only be accessed with your personal User ID and password.
Conventional back up devices have now become outdated and they are also cumbersome, whereas internet backups are fast, cheaper and more secure.
Very simply put, online backup is like a bank. Anyone would prefer to keep money in a bank rather than leaving it vulnerable at home.
This is important as data is susceptible to theft and loss whereas in the case of online backup, data remains safe and secured.