If you require a greater level of security, you can use your own private encryption key to further reduce possible exposure to data intrusion. The likelihood of a server like Apple's, or Amazon's, or Google's going down is far less than the possibility that your own hard drive or local backup will fail. Your data will be stored in an encrypted format when it is backed up to the cloud backup at the storage company, which should prevent a hacker from easily accessing your information.
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You can back up your system once a day or even several times a day. Your cloud storage account will come with some default settings and you can change them if you want. Just set it and forget it. Just keep your Internet connection on
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