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The CJEU overturns “Privacy Shield”. So what now?

In response to a complaint by the Austrian data rights activist Max Schrems, the Court of Justice of the European Union declared the EU-USA data protection agreement “Privacy Shield” invalid on 16 July 2020. This means that the second agreement on the protection of personal data of EU citizens in the USA has already failed after the “Safe Harbour” agreement was stopped...

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Business Trends Cloud

EU Citizens have a new Privacy Shield

The EU-U.S. Privacy Shield Framework was adopted last month, July 2016. This new regulation was designed and accepted by the U.S. Department of Commerce and European Commission to provide companies on both sides of the Atlantic with a mechanism to comply with EU data protection. The Privacy Shield’s requirements impacts personal data being transferred from the European Union to the United States. US Companies that do global business may be interested in being in compliance, if they receive personal data from European Union citizens.

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