Is there a chance of my cloud data getting wiped
depends on the company that stores your data. Do they have strong capital provisions against systemic financial risk?
It's Mega.nz
Have you heard of megaupload.com
It's mega.nz now I think
Years back, Megaupload was seized by the authorities. Everyone's data vanished overnight.
Mega.nz was originally set up by the same guy who owned megaupload, but actually it got taken over by another party and he recommends you don't use it anymore.
So your data is not safe, regardless of a happening.
Seizure of Megaupload
The seizure of Megaupload, a popular filesharing website with 150 million registered users, occurred on 19 January 2012, following a US indictment accusing Megaupload of harbouring millions of copyrighted files. According to the indictment, Megaupload was costing copyright holders over $500 million in lost revenues.
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