After 20 years of relative calm regarding the handling of personal data of EU citizens by U.S. companies, events over the past six months have instigated widespread reform. While the resolution is yet to be confirmed, the building blocks for a modern, cross-border data privacy agreement have begun to take shape. The European Commission issued the EU Data Protection Directive in 1995, which at the time revolutionized the concept of personal information data protection. The directive does provide alternative means of complying with protecting data, but none of them are universally practical for businesses.”]
Source: https://www.csoonline.com/article/3051060/the-impact-of-the-new-trans-atlantic-privacy-law.html