Details are forthcoming about a new trans-Atlantic data transfer agreement so that companies such as Google and Facebook can keep digital information flowing between the two regions while paying greater heed to privacy concerns. Under the so-called E.U.-U.S. Privacy Shield, companies will face stricter rules over how they move people’s digital data from the European Union to the United States. American officials have also agreed to new limits on the powers of the country’s intelligence agencies to gain access to Europeans’ online information when it is transferred to the United States. As usual, the conflict between the EU and US is over balancing individuals’ privacy concerns with national security, supposedly. Most controversial were requirements from the European Commission to limit how U.S. intelligence agencies collect data on Europeans when companies send their personal information to the United States.
Read more at the Harvard Business Review...
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