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Old 07-10-2016, 05:46 PM
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Privacy Shield regulations to replace invalidated EU-US data transfer agreement



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Last October the European Court of Justice killed the 15-year Safe Harbor agreement that allowed the transfer and processing of data between servers in the US and Europe. Since that time the US and EU have been scrambling to find a framework to replace it that would provide sufficient safeguards for European citizens’ data.

The reason the European court invalidated Safe Harbor was because the Edward Snowden domestic-spying revelations suggested that US intelligence authorities would have unfettered access to data coming out of Europe. The end of Safe Harbor created the prospect of non-European companies having to maintain servers in each European country and comply with a patchwork of domestic privacy regulations.

A new transcontinental agreement, called Privacy Shield, was announced in February but was met with immediate skepticism. Privacy advocates expressed doubt that the new framework would be legal under the Schrems decision, which overturned the Safe Harbor agreement.

However, according to reports, there appears to be sufficient political support now to ratify Privacy Shield, which is expected to be formally adopted next week. Privacy critics could (and will likely) still sue in European courts to test the law.
Continued at: http://marketingland.com/privacy-shi...reement-183700

Any opinion's on this?
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Old 07-18-2016, 07:36 PM
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This and the theoretical operations of Privacy Shield, is it really good, or just a waste of time? I don't think so!
 
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