If you are, then the next question is to ask "how reliant is my business on Teams, SharePoint, Exchange and OneDrive?". Do a quick risk assessment on how you'd be effected should the data residing on these platforms is unavailable. There is often confusion over who has responsibility for data; clearly, Microsoft carries some responsibility, they are after all providing a service which needs to be reliable. But data protection is your responsibility; Microsoft offer little by way of recourse should your data be deleted, corrupted or compromised.
If you're looking to build a business case internally; you can use some of the thoughts presented below as part of your justification to the board.
Microsoft 365 (M365) and OneDrive are cloud-based solutions that provide access to your data from anywhere and anytime. They are essential tools for modern businesses and individuals, offering collaboration, communication, and storage capabilities. However, while these solutions are incredibly reliable, it is still crucial to have additional backup for your data. Here are a few reasons why:
Data Loss: No matter how reliable the system is, data loss can occur due to various reasons such as accidental deletion, malware attack, or system failure. Having a backup ensures that you have a copy of your data in case of any unfortunate events.
Compliance Requirements: Some industries have strict regulations that require businesses to maintain copies of their data for a specific period. Having additional backup helps you meet these compliance requirements and avoid penalties.
Data Integrity: Cloud solutions can sometimes experience data corruption or other issues that can compromise the integrity of your data. A backup ensures that you have a reliable copy of your data that can be used in case of any issues.
Disaster Recovery: Natural disasters, power outages, or other unexpected events can impact your data stored in the cloud. Having additional backup in a secure off-site location can help you recover your data quickly and minimize downtime.
In conclusion, additional backup for M365 and OneDrive is crucial to protect your data, meet compliance requirements, maintain data integrity, and ensure disaster recovery. It provides peace of mind and ensures that your business or personal data is secure and always available.