This is why I have many redundant backups plans. From The Independent:
“Man accidentally ‘deletes his entire company’ with one line of bad code”
I feel badly for any clients who relied on this hosting service and didn’t have their own backups. There’s sadly so little chance of the company recovering any data given what’s described in the original ServerFault thread.
I’m terrified of some catastrophe befalling my servers or hosting providers, so I’ve gone to extremes: “Assuaging my paranoia with redundancy and many, many backups.”
Despite this ultimately being a hoax, it’s still a good lesson in the necessity of a proper approach to backups.
http://www.snopes.com/man-deletes-company-code/