Backups of SharePoint Online with Premium Microsoft 365 Backup Storage is an ultra-fast recovery method handled by Microsoft 365 Backup Storage. Microsoft Backup is designed to provide comprehensive coverage of your organization's critical data that is always protected and easily recoverable.
The feature summary of Microsoft 365 Backups for SharePoint Online are:
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The retention period is set for 1 year.
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The backup granularity is set for an SharePoint Online site.
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Recovery point objective (RPO) of 10 minutes in the first two weeks, after which it is set to weekly backups (2-52 weeks).