Far and Wide | May 2023 (III)
Our lead story this week is about the impending EU-US Data Privacy Framework which aims to establish a robust legal framework that ensures the secure and compliant exchange of personal data between the EU and the US, effectively safeguarding individuals' privacy rights. In our increasingly interconnected world, the seamless flow of data across borders has become a crucial component of business operations. However, concerns have arisen regarding certain deficiencies within the proposed data transfer pact between the European Union and the United States. This story underscores the intricate balance between privacy concerns and the facilitation of seamless data flows in an interconnected global landscape and emphasizes the importance of a comprehensive and mutually beneficial data transfer pact that upholds the principles of data protection while supporting the transatlantic business ecosystem. Read More!