Definitely. Because of the OpenStack based architecture, your hardware has redundancy built in, making it possible for an entire server failure to have zero data loss and so that the virtual machine can be booted onto new hardware in a matter of minutes. This, combined with backup snapshots and many configuration optimizations means that you won't find a more resilient platform than our Cloud VPS servers.
The security of cloud hosting is also quite high. Your server is completely separated from other clients, as with a VPS. However, the web-based nature of the infrastructure might make it vulnerable to attacks since it is physically distributed and thus harder to secure. In addition, since the data is housed in many locations, it may not be possible to comply with some regulations on data security.
Cloud hosting automatically distributes three mirrored copies of your data across multiple devices to ensure safety and redundancy. Additionally, HostGator employs a number of security measures to protect our servers and customers' websites. Our data centers are built using top-of-the-line technology, and servers are monitored 24/7 in a highly secure environment.