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Data Transfers

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EU and US Reach Data Transfer Agreement

Originally Published 2 years ago — by POLITICO Europe

Featured image for EU and US Reach Data Transfer Agreement
Source: POLITICO Europe

The European Union has approved a new data-transfer deal with the United States, ending years of uncertainty and allowing for the free flow of digital information between the two regions. The agreement, known as the EU-U.S. Data Privacy Framework, recognizes the U.S. as having sufficient protection for Europeans' personal data, resolving concerns over U.S. intelligence agencies' surveillance. The deal aims to ensure safe data flows and provide legal certainty for companies on both sides of the Atlantic.

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Meta Fined Record $1.3 Billion for Data Privacy Breaches and US Data Transfers.

Originally Published 2 years ago — by The Wall Street Journal

Featured image for Meta Fined Record $1.3 Billion for Data Privacy Breaches and US Data Transfers.
Source: The Wall Street Journal

Meta, formerly known as Facebook, has been fined $1.3 billion by the European Union for violating data transfer rules to the U.S. The company was found to have transferred user data to the U.S. without adequate safeguards, which violates the EU's privacy laws. This is the largest fine ever imposed by the EU for such a violation.

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