Have you heard that you should use Microsoft 365 Retention Policies for backup? They are NOT backup, and Mr. Backup explains why in this excerpt from Backup Central's Restore it All podcast, Episode #144, "Mr. Backup takes on reddit about Microsoft 365 backup" If you like the clip, check it the full episode here: https://podcasts.apple.com/us/podcast/mr-backup-takes-on-reddit-about-microsoft-365-backup/id1469663053?i=1000552439439. (The Restore it All Podcast is also available wherever you listen to podcasts.)
Microsoft 365 retention policies are NOT backup!
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