I keep my money spread out across multiple accounts with multiple banks up to the insured limit. Because yes, banks can fail.

> You indicate that storing customer data in the cloud is "playing fast and loose" but I'd argue the opposite. Not having a cloud backup is what is "fast and loose"

Basic reading comprehension failure, that is not what GP is arguing.

He's arguing that if your live data lives in the cloud your backup copy should not be in the cloud and vice versa.