EU and US Reach Historic Data Transfer Agreement, Ensuring Privacy and Security

The European Union has approved a new privacy agreement that allows the transfer of personal data from Europe to the United States without additional security measures. The EU-U.S. Data Privacy Framework provides an adequate level of protection for personal data, comparable to the EU's own data protection standards. The agreement aims to resolve the long-standing battle between Washington and Brussels over the safety of EU citizens' data stored in the U.S. However, privacy campaigner Max Schrems has dismissed the deal, stating that it fails to address core issues and plans to challenge it in the European Court of Justice. The agreement includes strengthened safeguards against data collection abuses and provides avenues for redress, limiting U.S. intelligence agencies' access to data. Business groups have welcomed the decision, providing legal certainty for cross-border data flows.