U.S. and EU tech companies at sea with end of data Safe Harbor
Nobody is more aware of our shrinking world than technology executives. They are also in a good position to see that contradictory requirements in the areas of data protection and privacy have created a confusing patchwork that, at times, runs counter to a global marketplace that places a premium on close collaboration and the smooth transfer of digital information.
Most companies are extremely diligent about complying with their cybersecurity legal obligations, but wildly inconsistent laws make it difficult. Some of the inconsistencies can be traced to deep historical and cultural differences between the United States and Europe. In comparison to the EU, the United States has traditionally offered a far more open framework when dealing with information. In litigation, U.S. laws have typically been more about sharing — even erring on the side of being overly inclusive.
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