The European Commission has formally adopted a new agreement governing the transfer of data between Europe and the United States, more than eight months after the longstanding "Safe Harbor" transfer deal was invalidated amid concerns over US surveillance. The new agreement, known as the EU-US Privacy Shield, places safeguards on how US authorities can access the data of European consumers, and creates a framework for resolving cases where Europeans feel that their personal data has been misused. The data transfer pact goes into effect today, and US companies will be able to certify their compliance as of August 1st.
The EU-US Privacy Shield is seen as critical to facilitating the cross-border data flows that major tech companies and...
via The Verge
