In July 2020, the Court of Justice of the European Union ruled on the Schrems II case, invalidating the EU-U.S. Privacy Shield framework. Standard Contractual Clauses issued by the European Commission for the transfer of personal data to data processors established outside of the EU remain valid. More than 5,000 US companies have been impacted by this ruling and an undefined number of companies outside the US that rely on the recipients’ Privacy Shield self-certification to comply with the strict EU data protection laws.
What does this mean for your business? Read this to prepare for the post Privacy Shield era: https://utm.io/uIus