Which of the following is true about using Office $365$ collaboration$/$communication applications with sensitive data?

All data, especially sensitive or regulated data, should be stored in the cloud. It is not safe to store data on a local machine, device, or external hard drive.

The cloud allows us to safely share any company data we want with whomever we want. You should share as much data with as many individuals as possible.

Be careful about what data you share and with whom, and be sure to follow our policies and procedures on sharing and storing data using $O365$ collaboration$/$communication applications.