Secondary storage, such as hard disks, floppy disks, optical disks, magnetic tapes, and online storage, provides large storage capacities and reliability compared to primary storage/memory. It allows permanent storage of software, data, and files. Benefits include vast storage capacities, reliability since data is safe from tampering, convenience of quick data access, and lower costs than paper filing systems. Data is organized on disks through methods like sectors and cylinders to efficiently store information.