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Do I need to backup our SharePoint files

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Last Modified: 2020-02-10
We are looking to move files from our on premises file servers to SharePoint.  We want to have 100% cloud storage over the next year or so. Moving files to SharePoint would be our first step into that process.  

Do I need to backup the SharePoint files/folders to Azure?  I know SharePoint has revision history so users can see previous versions of files in case a file gets overwritten by mistake.  

Does SharePoint have a recycle bin for deleted files?

Does Microsoft provide redundancy for our SharePoint site in case they (Microsoft) have a failure?  

Any comments/suggestions about using SharePoint for file storage is appreciated.  

Thanks,
cja
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