Comment Wrong. (Score 4, Insightful) 77
Their company did not fail because of a ransomware hack.
Their company failed from not having adequate off-site backup of their data.
The cloud does absolutely nothing to protect you from needing a real disaster recovery plan, and any business that doesn't have one deserves what they plan for (or don't plan for).
Also: a backup that isn't tested is not a backup to bet your business on. Back up your shit, test your backups, and make sure there is a copy of your tested backup somewhere that a ransomware dipshit can't get to it, like LTO tapes in a closet in your office.