The European Union and the United States announced an agreement in principle on a successor to the EU-U.S. Privacy Shield framework for the transfer of personal data to the U.S. The Court of Justice of the European Union invalidated the original framework in 2020 due to its inability to ensure an adequate level of protection for personal data, in a case instigated by Austrian privacy advocate Max Schrems. Although Privacy Shield 2.0’s text remains to be drafted, and would require a formal adequacy determination by the European Commission before taking effect, Mr. Schrems is already threatening to deliver a quick deathblow to this new agreement.
Fact sheet with some details issued by the European Commission: Download PDF
Fact sheet from the White House, with helpful details: View Fact Sheet
President Biden announcing the agreement:
Mr. Schrems’ initial reaction:
🤯 Today Commission President Ursula von der Leyen and President Biden have announced a new EU-US data sharing system.— noyb (@NOYBeu) March 25, 2022
A first statement by Max Schrems:https://t.co/3TbQQ0BdbB pic.twitter.com/M1itESQl9P