Does exactly what? Ban whole ecosystems because somebody on the internet used it wrong? Could you please provide any substantiation to this entirely unbelievable claim?
It's pretty common, all the biggest clouds are USA or China owned.
In the UK government services go through information security classification to determine what level of security is needed, with the most confidential stuff still being self-hosted.
The car company can share the details based on the chassis VIN number rather than driver details.
Then the insurance company grabs the vehicle registration number when you ask for a quote and looks up the VIN on their side based on a security database to prevent resale of stolen cars or similar.
If this is the first time you'd to be responsible for budgets, working with the board, finance teams, HR, etc, then I'd recommend a general business management book like "The Personal MBA" to give you an introduction to the concepts and language that those teams will use.
Google for example does exactly this.