Monday, July 10, 2023

EU announces new US data transfer pact: What the new rules mean for companies internet users

After the two previous arrangements were annulled, the European Commission has agreed on a new data transfer deal with the US, potentially restoring how firms can move European data across the Atlantic. The two earlier deals were rejected due to concerns over US intelligence agencies accessing European citizens' data. Under the new agreement, US businesses will be able to join the EU-US Data Privacy Framework. Additionally, EU citizens can benefit from dispute resolution avenues if companies handle their data incorrectly. The European Commission stated that measures like limiting US intelligence access address past issues.

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