In a landmark decision for the EU-US data transfer regime, the European Court has struck down the EU-US Privacy Shield but given respite to Standard Contractual Clauses.
Revoke of Privacy Shield is the second time in 5 years that the European Court of Justice has killed an EU-US data sharing agreement due to concerns of US government surveillance.
Top court in Europe struck down the Privacy Shield agreement that governed EU-US data transfers and can potentially limits data sharing with other countries via companies in the US.
Europe’s highest court will soon deliver a judgement on the 'Schrems II' case that could see the controversial Privacy Shield accord between the EU and the U.S. struck down.
With the Privacy Shield under fierce criticisms, there is now consideration for the European Commission to grant “adequacy” to an individual US state – California with it's CCPA.
International digital rights NGO, Access Now, called to strike down the Privacy Shield agreement after the third annual review of the framework between U.S. and Europe.
New Schrems privacy case could affect how global corporations carry out cross-border data transfers which may cause global trade and data flows to come to a halt.
Second annual review of the EU-U.S. Privacy Shield went better than the first, but the European Commission is still waiting on the U.S. government to nominate a permanent Ombudsperson to handle potential complaints and requests from EU citizens.
U.S. doing an “adequate” job for Privacy Shield but could be doing more to protect the data transfer of EU users, including reform of the FISA regulations.
Improvements to the first Privacy Shield include better data retention provisions and independent Ombudsman, but Data Protection Authorities still cautious.
