Opinion: Drive Failure and RAID5's too frequent inability to recover - is on the topic of drive failure probability.
Higher probabilities, per me, are
Theft of equipment
RAID5-wide file system corruption (power supply failure, mainboard fault, virus, malware)
Nothing but an external and young backup can save your behind.
That's why for small NASes, say, 4TB drives, I prefer a two drive NAS, with each as a separate volume, plus USB3 backup, plus VVIP files on other media such as SD cards.
Higher probabilities, per me, are
Theft of equipment
RAID5-wide file system corruption (power supply failure, mainboard fault, virus, malware)
Nothing but an external and young backup can save your behind.
That's why for small NASes, say, 4TB drives, I prefer a two drive NAS, with each as a separate volume, plus USB3 backup, plus VVIP files on other media such as SD cards.