The statement is false because geolocation restrictions typically apply to controlling access to data based on the physical location of the attempting user or system, which is an effective strategy for protecting data at rest, and to a lesser extent, data in use. However, once data is in transit, it is being transferred across a network and other protection mechanisms, such as encryption, become more relevant to safeguard the data from interception or unauthorized access during the transfer process. Geolocation would not be effective in securing the data as it moves across networks, as it does not prevent interception or eavesdropping.