i just heard about this incident here. put your data in the cloud and it might evaporate. so if you hand over your data to some storage provider you really should make sure that there are backups beyond this storage provider. storing your data in the cloud is not a backup ....
UniSuper, which has AUD 125 billion ($82.73 billion) in assets [...] is working with Google Cloud to restore and backup the fund’s data.
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the fund’s private cloud was accidentally deleted by Google Cloud.
[...]
According to UniSuper, the fund had duplicate data in two geographies. However, the accidental deletion of the fund’s private cloud subscription caused deletion of its data across both geographies.
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cloud Google Cloud Accidentally Deletes Australian Superannuation Fund's Data | Chief Investment Officer
The $83 billion UniSuper saw its operations disrupted over the accident.
