The debate between cloud backup and on-site hard drive backup has been ongoing. There are pros and cons to consider for each including speed and reliability. Each of the solutions has its own vulnerabilities and risks associated with putting your company data on them. However, if we set all of those aside and only look at the bang for your buck, which one would win? For the hard drive option, when it comes right down to it, the larger storage space you want on your hard drive, the more you will pay.