The EU-U.S. Privacy Shield agreement governing trans-Atlantic data transfers has elicited considerable concern. It remains largely unwritten and unclear; it can’t be relied upon for legal protection for several months. FTC Commissioner Julie Brill: It’s going to take some time for Privacy Shield to be usable. The old Safe Harbor agreement that provided cover to companies transferring data was declared invalid by an EU court last year. The FTC will continue to hold companies accountable for their promises to abide by Safe Harbor.”]
Source: https://www.csoonline.com/article/3030209/what-businesses-need-to-know-about-privacy-shield.html