As a follow up to our earlier blog post, as anticipated, the European Commission released the framework for the EU-US Privacy Shield, which replaces the invalidated transatlantic Program, a system that had authorized thousands of US companies to receive and process personal information from data controllers in the European Union.
“Privacy Shield” to Replace Safe Harbor as a Path for Transatlantic Transfers of Personal Data
2.25.2016
From WilmerHale's Cybersecurity, Privacy and Communications Practice. After months of debate about the fate of the US-EU Privacy that thousands of companies used to lawfully obtain personal data from the European Union, we finally have some details about the successor mechanism for handling transatlantic data transfers. Dubbed the “EU-US Privacy Shield,” the new voluntary framework envisions a more active role for government officials and regulators on both sides of the Atlantic.