Taking Steps To Comply With The EU-US Adequacy Decision

It has been three years since the EU-US Privacy Shield Framework was invalidated by a decision known to most as "Schrems II". After years of collaboration between European Union (EU) and the United States (U.S.), the EU has officially adopted and deemed adequate a new EU-US Data Privacy Framework (DPF)^1, making July 10, 2023 the latest milestone in the history of personal data sharing across the Atlantic. Businesses processing EU personal data in the U.S. have witnessed many changes over the last decade that have made privacy compliance a moving target; thus, many have awaited the adoption of a new cross-border transfer mechanism that would allow for the safe transfer of personal data between the two regions that minimizes disruption, time, and resources required to achieve and maintain compliance.