With individuals and companies now using cloud-based services for data backups, it is good to consider the risks involved.
Even if a cloud-based backup company says your data is encrypted in transit and while it is stored, how is the backup company storing the decryption key? Who has access to the key? Is the encryption considered “strong?”
What backup policy does the cloud-based company utilize itself? How do you know your data is safe from loss if a disaster strikes the cloud-based company?
Where is your data stored? Is it on servers that can be compromised because they are hosting vulnerable or web-facing applications for other users or companies?
These are some of the things an individual or company should think about before engaging in a cloud-based backup solution.