EU prepares to raise Privacy Shield over data transfers to U.S.
European Union officials are set to give final approval to a new EU-U.S. data transfer agreement early next week, after member states gave their approval to an updated text on Friday.
Privacy Shield is intended to replace the Safe Harbor Agreement as a means to legalize the transfer of EU citizens' personal information to the U.S. while still respecting EU privacy laws.
A new deal is needed because the Court of Justice of the EU invalidated the Safe Harbor Agreement last October, concerned that it provided Europeans with insufficient protection from state surveillance when companies exported their personal data to the U.S. for processing.
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