I wanted to downvote but you are just the messenger

No backup no mercy. It’s really not different than with any other drive. In this case it’s even in the name, “Drive”, but it’s the same with Dropbox, S3 and all the other cloud storages. Make backups guys.

They’ll catch up with me eventually.

This is a massive reminder that if you use Google Drive, you must back that up locally, just in case. Just because if issues like this. If you use any cloud hosting provider with data you care about, back that data up.

This is probably the optimist in me saying this, but I don’t think the data is actually gone.

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Its probably some misconfiguration that is locking people out of their data. That may not functionally be different but technically it’s majorly different. My guess is there will be some announcement made in a few days that they fixed a permissions error and everyone’s data is back.

Sometimes I wonder if this a ploy to get people to use less cloud storage while making sure people pay for it.

This is why you use a 3-2-1 backup system.