EU Seals New Transatlantic Data-Transfer Pact With US in Third Attempt
- EU seals new transatlantic data-transfer pact in third attempt
- Deal is also likely to face legal attack, EU’s Reynders says
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The European Union approved a new deal governing transatlantic data transfers after it said US President Joe Biden addressed warnings from EU courts that American security agencies could unfairly access citizens’ data.
European Commission President Ursula von der Leyen on Monday said the EU’s executive adopted a so-called adequacy decision, allowing thousands of firms to safely ship data to the US without fear of violating EU privacy law — for the time being.