@bRick
Not sure I follow what you're on about? A "free" file store is not the issue. A paid for filestore you'd expect to have some benefits - wouldn't you? Else why pay for it? This isn't "cloud", it's just an off-site file server with its own backup and support ... so ... wait ... that would be a "data centre" in the 90's.
If I misunderstood and you're actually stating that "online storage" means just as bad as MegaUpload, then you're halfway correct. Even for paid servers. Data security / integrity is only finite, you can only make it better, not perfect. The issue with online is you're leaving that aspect up to someone else - which might be good or bad or both. They might have a better understanding of securing your data and making robust backups. But they might go out of business and then who can you blame for losing everything?
Nope, AFAIC online storage is for sharing data to others / to other devices. Backup you should do yourself. And security means: "Don't share it, so online it out!"