New EU-U.S. data transfer pact not any time soon
Companies hoping the EU and the new U.S. administration will soon strike a new transatlantic data transfer pact to replace one struck down by a court will probably have to wait months for any result, the head of the EU privacy watchdog said on Friday.
“I don’t expect a new solution instead of Privacy Shield in the space of weeks, and probably not even months, and so we have to be ready that the system without a Privacy Shield like solution will last for a while,” told European Data Protection Supervisor (EDPS) Wojciech Wiewiorowski.
Source: New EU-U.S. data transfer pact? Not any time soon, says EU privacy watchdog | Reuters