Simply answer?  Yes.  There is a misconception that just because something is stored in the cloud that it doesn’t need to be backed up.  Data loss in the cloud is uncommon, but not unheard of.  More common is data compromise.   For example, WordPress is the most popular website platform in the world.  That popularity makes WordPress a primary target for attacks from hackers.  When a WordPress website is compromised it can be very hard to clean up the back doors and malicious files left behind by the attacker.  Securing WordPress is an issue outside of the scope of this article.  Often, it is much easier and faster to restore WordPress to a time in the past prior to it being compromised, then resolving the vulnerability.  

If you are hosting your website with hosting provider, you can be nearly 100% confident that your provider has backups of their servers to they can restore in the event of a disaster.  However, many hosting providers will charge to restore just your website at your request.   You can create your own backup of your website using a combination of your provider’s website panel such as cPanel or Plesk.  Both of these control panels have built in backup functionality.  You can also copy all your files from your file manager.  You’ll also want to make a dump of your mysql database if you are using WordPress.  

If you are using WordPress there are backup plugins which make the process of backing up your website much easier than doing it manually.  

Like most hosting providers, Xtego backs up all customer websites and data to off-site locations.   Typically, when we host a customer website, we will place it geographically close to the that customer’s place of business.  This ensures faster load times for their customers.  Our backups, on the other hand, are stored on the other side of the country.  This ensures that highest level of data protection from a major disaster.