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Online backup storage services are becoming very popular of late.
Everyone says backup is essential, but surveys indicate that less than 10% of us backup daily.
That leaves a big gap of data uncovered if you are using your computer everyday.
The best thing about them is they usually default to automatic backup, taking a tremendous burden off the individual computer user.
There are 3 cost-models of online backup storage available that you need to consider:

1. Free
Free services will allow you to backup a small amount of data at no cost. Obviously, the service will find it difficult to pay the bills with no money from you, so their intent will be to convert you to a more expensive service later.
However, if you only have a few files you feel have to be backed up, then this might be the perfect solution for you.
These services, like Mozy and IDrive, will allow you to quickly and for free, backup 2 GB worth of information. That means, super-important emails, pictures, or files can be backed up just like the paid services at no cost.
Same encryption, same safety - at zero cost.

2. Cheap
Cheap services charge a monthly subscription fee of generally less than $5/month and offer an unlimited data backup plan.
They all have client software that must be downloaded and they automatically backup your data as a default mechanism.
This is the method of data backup most people opt for.

3. Expensive

Depending on your needs, one of the more expensive services may be actually a deal for you.
The more expensive services begin at about $10 a month and offer online interface with your data so you can see it and download it anytime, yourself.
Furthermore, you can do filesharing with others. This can be a huge advantage if you routinely transfer large files that can't be emailed.
In conclusion, the easiest way to get your feet wet for anyone new may be to begin with an online backup that's free. Mozy is one of the industry leaders and they offer 2 GB free.
As you get used to and trust the online backup storage concept and the company you are working with, you can evaluate whether to upgrade to a cheap service with unlimited backup of all your data.
Then, if you find you need to regularly view and transfer your backed up files, you can consider one of the more expensive services like IDrive or SugarSync.

Backup Online News

GFI® Software Creates New Revenue Opportunity for Managed Services Providers with Managed Cloud Backup - Yahoo Finance

2012-05-18
CLEARWATER, Fla., May 1, 2012 /PRNewswire/ -- GFI Software today announced the addition of GFI MAX Managed Online Backup™ to the GFI MAX RemoteManagement™ managed services platform. The new service enables managed services providers (MSPs ...

SherWeb Improves Its Popular SkyNox Online Backup Solution - TMCnet

2012-05-15
MONTREAL, May 15, 2012 (GlobeNewswire via COMTEX) -- SherWeb, a world-leading hosted service provider, today announced that is has improved its popular SkyNox online backup solution. Launched in January of this year, SkyNox is a complete ...

Backupify Emerges As Leading Provider Of Cloud-based Backup Services For Educational Institutions - Marketwatch

2012-05-15
CAMBRIDGE, Mass., May 16, 2012 /PRNewswire via COMTEX/ -- Backupify, the leading provider of online backup services for cloud application data, today announced the rising number of educational institutions choosing Backupify to protect ...

BUMI Announces New Version of its Award-Winning Cloud Backup and Recovery Service - YAHOO!

2012-05-15
BUMI (Backup My Info!), the premium provider of managed online backup and recovery solutions for small to mid-sized businesses, today announced the availability of the latest version of its best-of-breed online data backup and recovery solution.

Nine Lives Media Names Online Backup Software Developer Remote Backup Systems to the Talkin' Cloud 100 - Transworld News

2012-05-17
Remote Backup Systems ranks among the world’s top 100 cloud service providers (CSPs), according to Nine Lives Media’s second-annual Talkin’ Cloud 100 report. The top 100 CSPs generated more than $2.3 billion in combined cloud services revenues for ...

QuorumLabs Hires New VP Engineering to Take Backup and Recovery Solutions to the Next Level - Online PR News

2012-05-19
Online PR News – 19-May-2012 –QuorumLabs® Hires New VP Engineering to Take Backup, Recovery and Continuity Solutions to the Next Level FREMONT, CA, May 14, 2012 — QuorumLabs®, the leading provider of one-click backup, recovery and continuity for ...

Habitat for Humanity Builds Virtual Data Backup Home With Venyu - Yahoo Finance

2012-05-19
In addition, the solution combines DR-Grade, online backup with the VMware®-virtualized recovery platform to provide seamless system recovery when organizations need it most. "We're proud to be partnered with Habitat for Humanity Riverside.

Mozy online backup service: Privacy does matter - Zd Net Asia.com

2012-05-15
Online backup services are enticing, but, how does one know if the data remains private—truly private? Michael Kassner takes a look at Mozy to see how it measures up. Tony, a close friend who does web development and photography on the side, called the ...

NATO Summit: 3 Protesters Arrested, Charged with Conspiracy to Commit Terrorism - YAHOO!

2012-05-19
Also, police officers from Milwaukee and Philadelphia have been called in for back-up. Police Superintendent Garry Mccarthy ... The security measures extend online as well, where cyber-police are working to block hackers before they strike.

Cloud City Hosting Announces A New Bundle Package - Online Server Backup with Cloud Servers - Newswiretoday.com

2012-05-11
Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Cloud City Hosting announces today, a new package that bundles Online Server Backup with Cloud Servers for increased data security and disaster recovery for small businesses.