An agreement reached by the EU Commission will enforce the protection of personal data in a transatlantic data-sharing deal from the European Union to U.S. companies. The adequacy decision coming into force will establish stronger data requirements than the previous EU-U.S. Privacy Shield agreement which will hugely benefit U.S. industries and the federal government.
It is a common practice of European authorities and companies to share data in the interest of foreign authorities in the protection of citizens’ security and to understand the flow of migration and fraud trends.
The mechanism for data, which will be introduced by European Court of Justice, puts forward stringent data safeguards that are applicable to the U.S. government making access requests as well as U.S. companies importing data from the EU.
Commission President Ursula von der Leyen confirmed that President Biden had been notified about the Framework:
“Following the agreement in principle I reached with President Biden last year, the US has implemented unprecedented commitments to establish the new framework. Today we take an important step to provide trust to citizens that their data is safe, to deepen our economic ties between the EU and the US, and at the same time to reaffirm our shared values. It shows that by working together, we can address the most complex issues.”
The next steps for the EU-U.S. Data Privacy Framework will involve periodic reviews within the first year of entry, conducted by the European Commission with the support from European and U.S. data protection authorities.
