European Commission Announces Framework for EU-US Privacy Shield
As a follow up to a previous blog post, as anticipated, the European Commission released the framework for the EU-US Privacy Shield, which replaces the invalidated transatlantic Safe Harbor Program, a system that had authorized thousands of US companies to receive and process personal information from data controllers in the European Union. The released documents, which were issued on February 29, 2016, contain a number of obligations and recourses for US businesses. During a March 2, 2016 teleconference, WilmerHale Partners Martin Braun and Reed Freeman, of the firm’s Cybersecurity, Privacy and Communications practice, discussed the documents and what companies participating in the Privacy Shield may expect next.
If you missed it or want a refresher, you can listen to a recording of the teleconference.