What's Next for Privacy Shield?
Event details
Event Host
Wall Street Journal
Event Type
Virtual
Date
Wednesday, March 10, 2021
Time
01:00 PM - 03:00 PM EST
Description
Summary
A European court's July ruling against the Privacy Shield framework, which allowed U.S. firms to transfer Europeans' personal information stateside, created confusion around transatlantic data flows that are key to the digital economy. The absence of the agreement has not stopped the flow of data between the EU and U.S., with some companies seeking alternative—and more expensive—ways to share data legally. But uncertainty remains. In this webinar, we will discuss the prospects for a replacement of Privacy Shield, the underlying issues that make such an agreement difficult, and what companies should be doing now to ensure they adequately protect Europeans' data and can transfer it legally to the U.S.
What You Will Learn
How companies can approach new requirements for transferring data through standard contractual clauses, a key alternative to the Privacy Shield Framework.How U.S. and EU officials have approached previous negotiations for data flow agreements, including Privacy Shield and its predecessor, Safe Harbor.If and how the Biden administration can implement stopgap measures to restore low-cost data transfers in the near term.Barriers to comprehensive U.S.-EU data-transfer agreements, including U.S. surveillance laws and the lack of a federal privacy law.
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