Skip to main content

New deal on EU-US data flows sparks privacy fears and business uncertainty


A new deal on data transfers between the EU and US has alarmed businesses and privacy campaigners. The pact, known as the EU-US Data Privacy Framework, was announced on Monday by the European Commission. The EU’s executive body concluded that the US offered an “adequate level of protection” for data transfers under the new arrangements. The framework replaces the Privacy Shield, which the EU’s top court had struck down in July 2020 over concerns that the US didn’t provide sufficient protection against government surveillance.  As a result, companies were forced to move data by using a mechanism called Standard Contractual…

This story continues at The Next Web https://ift.tt/L2GOUBx
Read full article: The Next Web

Comments

What's new?

Popular posts from this blog

Lucid Motors replaces its CFO and overhauls its entire leadership team as new CEO reshapes the company

Lucid Motors said on Thursday that its chief financial officer, Taoufiq Boussaid, will be leaving the company, the latest in a series of leadership changes under new CEO Silvio Napoli. Alexander De Bock, a veteran automotive finance executive who previously served as CFO of TI Automotive, will replace Boussaid after a transition period that will […] This story continues at The Next Web https://ift.tt/ivLHVb6 Read full article: The Next Web