Hi @amyslack,
This is a good topic for discussion!
I'll start off by saying that I think there is going to be a huge difference in this area between being on an Instructure-hosted cloud Canvas instance and running a Canvas instance on your own servers.
If you're running your own servers, there's a lot more to consider and do to secure those servers (update the operating system, keep all of the libraries up to date, secure passwords, etc etc... In this scenario, you'd also be responsible for having backups of databases and everything in case of hardware failure, security incidents, etc. Having experienced system administrators seems crucial for those who run their own instances.
If you're running on Instructure's cloud, all of that is really done by Instructure (and we hope they do it well and never miss a step). I suppose Test/Beta could be potentially useful, but it would really depend on what kind of incident occurred, and what exactly needed to be done to recover from it. I do believe Instructure has a disaster recovery plan in place for most things, and if you're a customer your CSM can probably get you a copy of that plan.
-Chris