End of Safe Harbour data protection rules isn't the end of the world – let's hope its successor is better
Thursday, October 22, 2015 - 06:40
in Mathematics & Economics
The Safe Harbour agreement that reduced US firms compliance with European data protection rules to a tick-box exercise has been scrapped, leading to apocalyptic claims such as tech giants like Facebook closing their doors in Europe. While the ending of the long-established Safe Harbour framework is a blow for US firms looking for red tape-free opportunities in the EU, there are many other routes to doing business legally across the Atlantic.