The US and the European Union (EU) have a preliminary agreement over the storing of European data on US soil. It was announced by President Biden and EU President Ursula von der Leyen, speaking on Friday March 25. If successful, the data agreement would resolve a significant point of contention in US-EU relations since a previous deal regulating trans-Atlantic data flows—Privacy Shield—was deemed illegal by the EU’s top court in 2020. It ruled that the US did not provide EU citizens effective means to challenge US government surveillance of their data.
[ Learn 8 pitfalls that undermine security program success and 12 tips for effectively presenting cybersecurity to the board. | Sign up for CSO newsletters. ]
Framework underscores “shared commitment to privacy”
While neither President Biden nor President von der Leyen provided details on how the new agreement would work and withstand legal challenges, the US President said that the “framework underscores our shared commitment to privacy, to data protection and to the rule of law” and would allow EU authorities “to once again authorize trans-Atlantic data flows that help facilitate $7.1 trillion in economic relations with the EU.”
More Stories
The AI Fix #30: ChatGPT reveals the devastating truth about Santa (Merry Christmas!)
In episode 30 of The AI Fix, AIs are caught lying to avoid being turned off, Apple’s AI flubs a...
US and Japan Blame North Korea for $308m Crypto Heist
A joint US-Japan alert attributed North Korean hackers with a May 2024 crypto heist worth $308m from Japan-based company DMM...
Spyware Maker NSO Group Found Liable for Hacking WhatsApp
A judge has found that NSO Group, maker of the Pegasus spyware, has violated the US Computer Fraud and Abuse...
Spyware Maker NSO Group Liable for WhatsApp User Hacks
A US judge has ruled in favor of WhatsApp in a long-running case against commercial spyware-maker NSO Group Read More
Major Biometric Data Farming Operation Uncovered
Researchers at iProov have discovered a dark web group compiling identity documents and biometric data to bypass KYC checks Read...
Ransomware Attack Exposes Data of 5.6 Million Ascension Patients
US healthcare giant Ascension revealed that 5.6 million individuals have had their personal, medical and financial information breached in a...