Two days from their deadline, U.S. and European Union negotiators still have no replacement for the transatlantic data-transfer agreement overturned last year by the EU’s top court.
The original Safe Harbor agreement enabled companies to store and process EU citizens’ personal information in the U.S. in compliance with strict European data protection laws, and its invalidation by the Court of Justice of the European Union last October in a case relating to Facebook’s activities has called into question the operations of companies large and small.
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