Third Time’s the Charm, According to the EU-U.S.’s Pact on Data Sharing
The European Commission, responsible for proposing and enacting the European Union’s laws and policies, recently announced a data transfer agreement with the U.S. where businesses can transfer data from the EU more securely and comply with the EU’s data privacy laws. The EU-U.S. Data Privacy Framework, abbreviated as DPF, aims to have data “flow safely between the EU and the U.S., without having to put in place additional data protection safeguards.” This is not the first data privacy pact that the U.S. and the EU have agreed upon to enact as there were two previous iterations of the act that had been revoked and forced to be revised. However, EU justice commissioner, Didier Reynders, is confident that this 3rd iteration, dubbed the “EU-U.S. Data Privacy Framework,” will last, unlike its predecessors.
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