Thanks for clarifying. From an absolute security perspective, a single point of failure is always a risk - rogue employees with axes to grind may be able to access all data centres - not that I am suggesting you have an axe or like to grind it. lol.
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Fair point :) I am sure none of us have axes though people over at the datacenters, the technicians, might... Because, fire is always a hazard after all.
Nevertheless, when renting servers from anywhere, I advise carefully researching them to make sure you are getting what you are paying for. Not just "Very fast CPU, a lot of RAM and storage space" but more in-depth in terms of technical stuff, and for non-technical stuff, of course the second most important thing is the reliability of the company, their privacy policy (Do they sell your data for ads? Marketing? How long have they been in the market?) to locate the best one fitting your needs and budget.
Yes, there are definitely many poor hosting companies out 'there'!