That's why I got an NAS. It's mad to entrust your work to someone like Adobe or some other online cloud thing. I know where my data is and that it's secure, I know I can always have access to it, even when there's no internet connection. I know there's two backups of it, and it's also backed up with Glacier, and old stuff is archived to DVD. If anything happens to it, that's my fault.
I feel for those who lost work and data. We've all been there. Hopefully it'll push them towards proper, robust storage and backup solutions which are easy and affordable these days, and also get them away from Adobe. There's plenty of cheaper and better alternatives.