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Let's assume that you are using litigation hold in O365
Did you know that ransomware is the most widespread, destructive malware in the world today? It accounts for 39% of all security breaches, with ransomware gangsters projected to make $11.5B in profits from online extortion by 2019.
...it depends from the company if these extreme risks should be mitigated or not according to the business needs.
The O365 service is highly reliable and most of the companies end up without configuring any special third party backup components.
For these cases when the availability of the historical data is a must, and even the extreme cases are not desired, they end up been the exceptions and they configure additional third party applications/services for backing up the data.
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