Final answer:
The statement is false; in cloud computing, the protection of sensitive data is a shared responsibility between the cloud provider and the customer, not solely the provider's responsibility.
Step-by-step explanation:
The statement that accountability and responsibility for protection of sensitive data is transferred to the cloud provider is false. When a company or individual chooses to store data in the cloud, they must understand the shared responsibility model that cloud service providers operate under. This model outlines that while cloud service providers are responsible for the security of the cloud, customers are responsible for security in the cloud. This means that while the provider takes responsibility for the infrastructure and ensuring that the data centers are secure, customers must manage their own data, ensuring that it is properly encrypted and access controls are in place.
Cloud customers should continuously monitor their cloud environments and use the tools and services provided by cloud service providers to enhance security. Examples include using strong authentication methods, setting user permissions carefully, and encrypting data both in transit and at rest.