A new deal on data transfers between the EU and US has alarmed businesses and privacy campaigners.
The pact, known as the EU-US Data Privacy Framework, was announced on Monday by the European Commission.
The EUs executive body concluded that the US offered an adequate level of protection fordatatransfers under the new arrangements.
As Meta recently learned, the process could also have costly consequences.
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Meta described the ruling as unjustified and unnecessary.
Under the new framework, companies have been offered hope of clearer, easier data flows for companies.
Yet critics say the new arrangements provide insufficient safety.
Another cause of concern is the possibility of further changes.
As a result, businesses must now adapt to yet another set of rules that could also be undone.
Story byThomas Macaulay
Thomas is the managing editor of TNW.
He leads our coverage of European tech and oversees our talented team of writers.
Away from work, he e(show all)Thomas is the managing editor of TNW.
He leads our coverage of European tech and oversees our talented team of writers.
Away from work, he enjoys playing chess (badly) and the guitar (even worse).
