Re: Sad
Some (most? all?) cloud providers charge for data egress. If your static data (that you need to backup) is large enough, that can be a significant (crippling) cost, particularly if the backup cadence requirement is regular.
So most cloud provision strategies work off multiple regions of the same cloud provider and the bean counters have calculated that the risk of fail of multiple regions is low. Bean counters, though, don't have a function for "account locked", which is a non-trivial risk given stories like this one.
Biting the hand that feeds IT
