Ok, it sucks, losing data always sucks, but what ever happened to the 3-2-1 backup rule? even if your off site backup provider goes tits up, your on site backup is still there.
If you don't want on site, a second off site provider, 50TB on backblaze would be an extra ~$350 per month (prob less if they were to commit to capacity instead of using their PAYG service)