The European Court of Justice has ruled that Decision 2000/520 of the European Commission, which stated that Safe Harbor – certified US companies[1] [1], provide adequate protection for personal data transferred to them from outside of the EU, is invalid. The landmark decision has held that companies may no longer rely on “Safe Harbor” to justify transferring personal data from the European Union to the US, because the US Government has a right of access over all data held in US.
The following article discusses the major standpoints of the judgement and its affects on the status quo and future prospects of the data transfer regime.
You can read the whole article HERE [2].