I get very nervous about single very high capacity drives, especially once you get over 1TB. That's an awful lot of data to lose if it fails
I prefer to back up to a network RAID array (see the bottom of our
network rack cabinet). Each unit has 4 drives in a RAID 5 configuration, which allows one drive to fail without losing data, and the failed drive can be quickly hot-swapped.
The current ones are only 2TB and are also getting near the end of their useful lives, so we'll be looking to replace them soon. They've not done bad for almost 15 years service
By the way, anyone looking for long-term external storage, this is one situation where proper hard drives are a better option. SSD's are good for internal storage which is changing rapidly, but for long term archiving of music, photos and the like, a mechanical hard drive is a far better choice. You don't need high speed of access for a backup and SSD's are still a lot more expensive for the capacity. 4TB SSD's are NOT cheap