Hard drives are bound to fail, as we've recently discussed, so of course having a backup plan is essential. There's plenty of way to spread the risk amongst multiple drives in your home, but what about online backup? So much is moving to the magical cloud and data speeds are increasing across the board (though no word on if/when we'll see speeds like Japan) that it's becoming increasingly practical to have a remote backup. Even if you trust drives in your own home more (and we agree, that's definitely a route to go) an online backup isn't very expensive and protects your data from things like fire, flood or freak accidents. Mozy, Carbonite, Dropbox and Backify all provide effective online backup services.

As you can see these services are relatively similar, though might be utilized for different purposes. Mozy and Carbonite are direct competitors, as their pricing structure makes clear. Dropbox is used by most people for temporary storage, sharing or projects but if you don't have a ton of stuff on your hard drive it works just as well for the important stuff you need to keep. Backify is a relatively new company, but their pricing is hard to pass up. All of these companies use high-level encryption, extensive redundancies of their own systems, and physical security to keep data safe.
The most arduous part of using online backup is the start up time. The first time you make a backup you're copying your whole hard drive across the web, which can take a while even with the best internet connection. We suggest beginning the process and leaving your computer on overnight. Once you've got the initial backup complete, it's a simple matter of scheduling a time for the backup to occur. With Mozy and Carbonite's clients the backup can be scheduled automatically. Backify's client monitors your files and uploads any changes it finds, keeping up to 30 versions of a single file (similar to Apple's time machine). And Dropbox has a folder on your computer that, as long as you're working with files inside it, will automatically update.
External drives are not included with Carbonite's backup and if you backup with Mozy without your external hard drive connected it will mark those external files for deletion after 30 days. It must be said that these services are aimed at backup, not archiving. Complete restoration of your hard drive is also a long process that can take longer over the internet, so Mozy's DVD option is quite nice. Which service you choose will likely depend on how much space you have, how you want to use your backed-up data and how much you want to think about it.
Did we leave out your favorite back-up service or feature? Tell us in the comments.

White Enamel Flatwa...
One word:
CrashPlan
Can't believe you missed that.
I was a bit surprised to not see BackBlaze on the list. Their offering is pretty similar to Carbonite but offers free external drive backup. I am not sure about how often as you point out with Mozy.
Another thing I love about them is how open they are. Do you want to learn about their servers, see here: http://blog.backblaze.com/2011/07/20/petabytes-on-a-budget-v2-0revealing-more-secrets/
Of course, they leave out the best part, the software, but this is still rather impressive that they open it up.
On a side note, I would really like it see is a comparison of average upload speed (measured, not based on the site's answer). I know it took a few weeks to fully backup my computer even on my blazing fast (upload) pipe at the university where I am a grad student. I guess after that initial upload, it is a bit less important.
Finally, while this would be different for everyone and every platform, it would be cool to see a comparison of system resources their tools use.
Now, if only the cheaper backup-centered (i.e. not Dropbox) services had an iphone app. Then I would be in heaven.
Second for CrashPlan. I have their unlimited family plan for $119/year and couldn't be happier. Backup 3 machines to both the cloud and local storage.
Third for CrashPlan. It rocks!
I had Mozy, didn't care for it.
Fourth for Crashplan, I've tried Mozy, Jungledisk, Carbonite and many others and Crashplan is by far the best solution; I can't recommend it enough!
Trend Micro SafeSync?
i use crashplan. carbonite was the first i looked at and almost went with them but i use external HD's and they don't back that up. crashplan was what i ended up choosing after looking at all of those plans.
Another for CrashPlan. I had mozy before, but it never quite worked properly. CrashPlan is great!
7th for Crashplan. I have 10 machines backed up online to Crashplan for $119, unlimited backup. The best part is that Crashplan lets you back up anything and even lets you back up to other computers running Crashplan, so you don't even need to pay for the subscription, you can back up online to another friend's computer.
Yup. I've just started using BackBlaze and it's awesome! $5/mo for unlimited backup including your external drives?! YES PLEASE!
The display above is somewhat misleading with its description of Dropbox. Upon initial sign up you get 2GB for free. This doesn't change. If you want more than 2GB you can either refer a bunch of people getting 250MB per person, or you can purchase a plan. I think that a lot of people, like myself, can get away with the 2 free gigs and be perfectly happy.
I was a big Mozy fan, until their recent price increases. I have over 100GB to backup to the cloud, so I went with CrashPlan (10% off CrashPlan coupon here).
@Jwink3101 - CrashPlan, Mozy, and Carbonite all have iOS and Android apps that allow you to access your data remotely. Backblaze can't be far behind...
I signed up for Mozy a long time ago and set it to back up the critical folders on my hard drive (photos, music, documents, etc). I had seen some reviews saying that the initial setup for Mozy was ridiculously hard and that the initial backup took "DAYS!" I had no such problems. (I wonder if these people are trying to back up their entire hard drive?)
Anyway, after the initial setup I pretty much forgot about it. Every morning when I logged in I would see a message telling me that my files had been backed up during the night. Life went on.
Then it happened. My wife dropped my laptop. The hard drive was fried. I am a free-lance web programmer and I keep my client's projects on my laptop. That thing is my life!! I was so sick I wanted to puke. But... I went to BestBuy and picked up a new drive, installed it, loaded up the OS, and then logged into the Mozy website. I had never tried to do a restore before so I was incredibly nervous about how it would go. I found my files, did a few clicks, and a while later everything was 100% back to normal. Not a single document, pic or mp3 had been lost.
Then about a year later, my daughter shoved the same laptop off the table. Hard drive fried. Two drops. Time for a new laptop. Once again, after opening the new machine and logging into Mozy, all my old files were in place with so little effort I was amazed.
I'm a huge Mozy fan. They have saved my butt twice. I've never used any other service so I really don't have anything to compare it to, but I certainly have no complaints.
Love it.
I'm not sure how Box.net completely stacks up against the competition but thought I'd mention it. They're doing a special now where if you sign up on an iPhone or iPad between now and Dec. 2, you get a 50GB account for free for life. I signed up today so even if I end up just going with iCloud for some basic storage, I've still got a Box account ready and waiting.
I think that it's maybe more of a temporary storage space rather than a true back-up solution, but considering you get 50GBs for free, it's worth it just to sign up.
The online backup field is pretty competitive right now with many companies chasing your custom. That is why it's crucial to shop around to get the best deal. Before you part with your cash, even if it's just a dollar a month make sure the company is sound and can support you should you run into difficulties.
In the next couple of years expect to see a shift away from the term 'online backup' towards 'cloud computing'. This will be driven by the fact that upwards of 25% of new PC's will be shipped without hard drives at all. This shift will of course depend on the mainstream services offered by both Google and Apple taking off as expected.