The European Union and United States have struck a last-minute deal on keeping transatlantic data flowing — and it should mean tough new obligations for both American companies and intelligence services.
This really went down to the wire: An end-of-January deadline for agreeing on the successor to the struck-down Safe Harbor agreement passed with no deal, and EU privacy regulators are meeting today and tomorrow to discuss their crackdown on companies that are sending EU citizens’ data to the U.S. without legal backup.
by David Meyer
read full article at Fortune
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