Actually here in the US, you are wrong.. but as I said.. I can live with this.
The premise is simple:
A customer purchases a license. If the media goes bad...Will the software maker provide a replacement? - No - So backups are allowed here.
There is no expiration date for licensed for software. (YET!)
A user does not have the right to break the protection scheme either...
So like most laws , there is conflict where ever money is involved when the
customer gets the advantage.
...anyway.. I don't want to get into a pissing contest over this....