EU-U.S. deal for sharing personal information among businesses has been dubbed “Privacy Shield” Some legal experts, however, see the reports of a deal as a stalling tactic, after negotiators missed their Jan. 31 deadline. The push for a new data sharing agreement arose after the European Court of Justice in October 2015 struck down the previous deal, known as Safe Harbor. The deal was the legal culmination of a case filed by Austrian privacy campaigner Max Schrems against Facebook’s EU headquarters in Ireland.”]
Source: https://www.cuinfosecurity.com/privacy-shield-to-replace-safe-harbor-a-8841