as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
write a security policy for storing data in the cloud.
user
the following security policy should be followed when storing data in the cloud: 
- implement strong password hygiene, including the use of multi-factor authentication.
- follow data security protocols that comply with industry standards.
- encrypt all data at rest and in transit, including backups and cloud storage of data.
- use only trusted networks when accessing cloud data.
- ensure that all access to cloud data requires authentication and authorization.
- regularly audit access logs to detect any unauthorized access.
- designate data storage locations that support the requirements of applicable laws and regulations.
- regularly review and update the security policy based on changes in the it environment.
assistant