Reuters | By: Julia Fioretti | October 18, 2017:
A year-old pact underpinning billions of dollars of transatlantic data transfers will get the green light from the European Union on Wednesday after the first review to ensure Washington protects Europeans’ data stored on U.S. servers.
The EU-U.S. Privacy Shield was agreed last year after everyday cross-border data transfers were plunged into limbo when the EU’s top court struck down a previous data transfer pact in 2015 because it allowed U.S. spies excessive access to people’s data.
The European Commission last month conducted its first annual review of the framework as it seeks to ensure the United States lives up to its promises to better protect Europeans’ data when they are transferred across the Atlantic – failing which it could suspend the Privacy Shield.
The EU executive however is satisfied that the framework continues to ensure adequate protection of Europeans’ personal data although it will address a number of recommendations to Washington, an EU source told Reuters.
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