I'm consulting for a company that makes around €1 billion annual turnover. They don't make their own backups. They rely on disk copies made by the datacenter operator, which happen randomly, and which they don't test themselves.
Recently a user error caused the production database to be destroyed. The most recent "backup" was four days old. Then we had to replay all transactions that happened during those four days. It's insane.
But the most insane part was, nobody was shocked or terrified about the incident. "Business as usual" it seems.