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A multinational corporation is planning to migrate its sensitive financial data to Microsoft Azure to leverage cloud computing benefits. The corporation operates in multiple jurisdictions with strict financial regulations and is particularly concerned about data security, encryption, and compliance. According to Microsoft Azure's shared responsibility model, which of the following statements accurately delineates the responsibilities between Microsoft Azure (the cloud provider) and the corporation (the cloud customer) to ensure the security and compliance of the financial data? Choose the BEST two options from the following.
A
Microsoft Azure is responsible for securing the physical infrastructure, including data centers and network hardware, while the corporation must implement data encryption and ensure compliance with jurisdictional financial regulations.
B
Both Microsoft Azure and the corporation share equal responsibility for data encryption and compliance with financial regulations, requiring collaborative efforts to meet all security and regulatory requirements.
C
Once the financial data is stored in Microsoft Azure, the cloud provider assumes full responsibility for all aspects of data security, including encryption and compliance with financial regulations, relieving the corporation of any security obligations.
D
The corporation is entirely responsible for all security measures, including the physical security of data centers and infrastructure, once the financial data is migrated to Microsoft Azure.
E
Microsoft Azure provides tools and services for data encryption and compliance, but the corporation is responsible for configuring and managing these tools to meet their specific security and regulatory requirements.