Biden Order Brings New Transatlantic Data Pact Ever Closer
The European Union and U.S. moved a step closer to securing the privacy of transatlantic data flows as President Joe Biden moved to end years of uncertainty and allow thousands of companies to legally move customer data across the Atlantic. From a report: Biden signed an executive order Friday that'll create an independent court system in the US for EU citizens who think their data was unlawfully accessed or used by intelligence agencies. Decisions by the Data Protection Review Court will be binding and force the likes of the CIA to limit data collection to the "pursuit of defined national security objectives," according to a White House fact sheet. The EU Court of Justice in 2020 toppled the so-called Privacy Shield over concerns that user data wasn't safe from prying eyes once on US soil. The ruling meant thousands of businesses that ship commercial data to the U.S. had to figure out an alternative and EU-U.S. negotiators were forced back to the drawing table. The prospect of no accord led Meta Platforms to say it would may have no choice but to pull its Facebook and Instagram services from the EU. The order is designed to address concerns about the ability of American spies to access EU data, which led to two previous data transfer accords being struck down by the bloc's top court. The EU and US have been working on a new deal for months and in March reached a breakthrough with an agreement in principle. The order gives the European Commission a tool to "restore an important, accessible, and affordable" data transfer mechanism while also providing greater legal certainty for companies shipping data across the Atlantic, the White House said.
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