Privacy & Cybersecurity
U.S. Privacy and Data Protection | Insights |
U.S. Privacy and Data Protection | Insights | May 2024 (Federal Law) As a business owner in the digital age, it is critical to remain compliant with FTC rules and...
Read ArticleOctober 28, 2024
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The EU-U.S. Data Privacy Framework (DPF) marks a significant milestone in international data protection by providing a robust mechanism for transatlantic data transfers. Companies that collect and process personal data internationally should understand implications of the DPF and how it updates the previous Privacy Shield requirements.
What is the Data Privacy Framework?
The DPF is a voluntary program that allows U.S. organizations to transfer personal data/information from the EU to the U.S. It replaces the invalidated EU-U.S. Privacy Shield and addresses concerns raised by the European Court of Justice in the Schrems II decision.
Why is the DPF important?
The DPF is vital for several reasons:
Key Updates from Privacy Shield
The DPF addresses the shortcomings of the Privacy Shield by:
How Can Companies Comply?
To comply with the DPF, companies should:
Conclusion
For international businesses, compliance with the DPF is not just a way to comply with legal requirements, but also demonstrates commitment to data privacy and security on a worldwide scale. As the regulatory landscape continues to evolve, staying informed and adaptable will be key to maintaining compliance and fostering international business relationships.
Kronenberger Rosenfeld, LLP regularly advises clients regarding data and privacy compliance. Contact our firm using our online case submission form.
This entry was posted on Monday, October 28, 2024 and is filed under Privacy and Data Protection Updates, Internet Law News.
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