And not just backups, it sounds like they had no BCP plan at all. This is a massive oversight, but a fairly common one. I've consulted for a number of years, and it's amazing at how many companies don't have a BCP plan at all, and sometimes it includes simple backups of data.
The companies where I've seen this basically do a risk assessment and say "well, we are willing to accept the risk of downtime because BCP is too costly". Unfortunately they don't weigh the chance of an outage or disaster appropriately, and then find themselves severely screwed when a tornado, storm system, or fire occurs, and then they are either out of business (in a small company) or take enough of a hit to make a headline on Slashdot and cripple the business.
Seriously, when are companies going to realize that this is a critical component of IT? I've felt like I've talked till I was blue in the face about this over the years.