But do you need to go even further?

I also have an encrypted sparse bundle with mission critical financial data stored there.

Given the above, would you still recommend a cloud backup service?

Yes, yes, yes, and also, yes.

Hard drives are cheap and unlimited cloud-based backup services are cheap.

You can read this recent article that’s designed to help CrashPlan for Home users find a new backup service, as the second half of the article describes a general set of backup strategies and our recommendations for services and software.

The text above is a summary, you can read full article here.