On January 28, Alston & Bird presented “Practical and Strategic Considerations in Today’s EU Data Transfer Landscape.” The panel addressed new laws and breaking events in European Union data privacy. The panel reviewed the status of talks around a revised “Safe Harbor 2.0” following the invalidation of Safe Harbor last October. The panel offered strategic […]
Data Security
Revised Safe Harbor Agreed: Introducing the New “EU-U.S. Privacy Shield”
European Commission and U.S. officials today announced reaching a “political agreement” on a new Safe Harbor framework. The new framework will be called the “EU-U.S. Privacy Shield.” In a press conference and a press release today, European officials highlighted the following points about the new framework: Limitations on surveillance: Commission officials report that the U.S. […]
Statement from Peter Swire on Safe Harbor Agreement
Peter Swire issued the following statement today following news of a revised Safe Harbor framework. Today the European Union and United States announced a new framework for transatlantic data flows, called the EU-US Privacy Shield. This will update the EU-US Safe Harbor agreement, for which I was part of the negotiating team in 2000. At […]
FTC and FCC Sign Consumer Protection MOU
Since 2014, the Federal Communications Commission (FCC) has engaged in an increasing number of privacy and data security enforcement actions. The scope of the Commission’s jurisdiction over carriers has also dramatically increased – at least temporarily – following its recent net neutrality order, which reclassified broadband Internet access service as a telecommunications service under Title […]
Moody’s Identifies Cyber Risk As Key Factor in Credit Ratings
In a report released November 23, Moody’s Investors Service announced that the implications of cyber threats could start taking a higher priority in its credit analysis. Moody’s said it views cyber threats as similar to other extraordinary event risks, such as a natural disaster. “While we do not explicitly incorporate cyber risk as a principal […]