The EU-US ‘Privacy Shield' Heralds New Era Of Trans-Atlantic Data Transfers

A new set of regulations now governs the transfer of data between the US and Europe, in the wake of changes that followed an EU court case resulting from the 2013 Edward Snowden data leak case. Here, Rebecca McNulty, a senior associate with the Bedell Cristin law firm in Jersey, considers the new "EU-US Privacy Shield", and whether, as some say, it might one day be successfully challenged, amid calls for something still more robust...

Year on year, we generate more data, use more electronic devices, and take advantage of the latest technological developments to transfer still more data.

As a result, the scope and significance of transatlantic data transfers have increased, but so too have the risks. And getting it wrong can be costly, both financially as well as reputationally.