See 8. Agree?
Some of it. Internet storage works when used properly, but that includes never using only one storage company and using strong encryption, always having local off-site backup in case the Internet connectivity is not available, and having local on-site storage with fire proof vault or containers. “Disaster Recovery” is only part of a “Business Continuity Plan”.
If the worst possible disaster hit a business, the local office affected should be back in business within hours. The global business would have never faltered. That’s is a Business Continuity Plan.
The systems I work were created over a 40 year period and over $1 billion in costs. Imagine if a simple fire destroyed everything or the Cloud allowed unauthorized access and the world could see the secrets.
P.S. Cloud for document storage and manipulation, no way in Hell. You the user have no way of verifying that a document actually is encrypted and secure from prying eyes or hackers. You also have no clue about their backup plan. Imagine one day Apple releasing the following press release: “We’re sorry, but this one computer system in BFE burned up. Nothing was being backed up as we thought. Everything is lost. Sorry.” Their computer geeks are no better than anyone else’s geeks, including you, the user. I use Internet storage, but everything sent to those places is encrypted by me then uploaded.