Cloud backup services have become a key asset for most businesses, ensuring their data remains protected, accessible, and secure. The demand for cloud backup services is such that the current value of the market as of 2023 is USD 4.57 billion and is expected to reach 13.8 billion by 2028.

With its ability to ensure data redundancy even in the face of hardware failures, accidents, or cyberthreats, it’s no wonder cloud backup services have become a modern workplace staple.

The benefits of the cloud are undeniable — increased flexibility, scalability and cost savings — but without proper security protocols in place, these advantages can be quickly outweighed by the risks associated with data breaches and other cyberattacks.