AWS Glacier
Amazon Glacier is a deep archival and extremely low-cost storage service starting at $0.004 per GB per month. It is also a highly durable object store and offers the same durability as S3. That is, 99.999999999% (11 nines) durability, which means that if you store 10,000 objects in the Glacier for 10 million years, you can hardly loose anyone of them. This also indicates a 5-6 order of magnitude higher than the two copies of the tape. AWS introduced three retrieval options ranging from minutes to hours, and are planning to add some more options in the future. This is extremely beneficial for the customer, and retrieval out of the Glacier is not seen as a concern anymore. Because of the new retrieval offering, Glacier can now address full spectrum of archival used cases. All the data stored on the Glacier is encrypted at rest, regardless of how you pass it. Even if you encrypt the data before transferring it to Glacier, AWS will encrypt it again.
Particularly for archival cases...