EU and US reach principle agreement on cross border data transfer
Software

EU and US reach “principle” agreement on cross-border data transfer

The European Union announced on Friday that it had reached an “in principle” agreement with the United States on cross-border data transfers to replace the Privacy Shield that the European Court of Justice annulled in July 2020.

    Image source: @vonderleyen

Image source: @vonderleyen

“We have agreed in principle on a new structure for transatlantic data traffic, That said EU Commission President Ursula von der Leyen at a joint press conference with US President Joe Biden. — This will ensure a predictable and reliable flow of data between the EU and the US while safeguarding privacy and civil liberties.”

Due to the post-Privacy Shield legal uncertainty about how companies will move data across borders, Meta* suggested that she might even have to shut down Facebook* and Instagram* in Europe. And European data protection authorities have issued orders to ban the transfer of personal data using a range of products, including Google Analytics, Google Fonts and Stripe.

Meta President Nick Clegg commented on the new agreement* on global relations, the deal said “will bring invaluable confidence to US and European companies of all sizes, including Meta*who depend on fast and secure data transmission.”

We add that before the Privacy Shield Agreement was concluded, data transfers between the EU and the USA were regulated by the Safe Harbor Agreement.

* included in the list of public associations and religious organizations for which the court made a final decision to liquidate or ban activities on grounds specified in Federal Law No. 114-FZ of July 25, 2002 “On Combating Extremist Activities”

.

About the author

Robbie Elmers

Robbie Elmers is a staff writer for Tech News Space, covering software, applications and services.

Add Comment

Click here to post a comment