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 No safe harbour: Trans-atlantic data pact struck down by EU's highest court

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No safe harbour: Trans-atlantic data pact struck down by EU's highest court Vide
PostSubject: No safe harbour: Trans-atlantic data pact struck down by EU's highest court    No safe harbour: Trans-atlantic data pact struck down by EU's highest court Icon_minitimeWed Oct 07, 2015 2:28 am
A trans-Atlantic pact that potentially allows US spies to get their hands on European citizens' private data was declared illegal by the EU's highest court, in a ruling that threatens to plunge internet companies into a legal limbo.

No safe harbour: Trans-atlantic data pact struck down by EU's highest court 1444174121244

Judges at the European Union's top court struck down the so-called safe-harbour accord after a 28-year old Austrian law student complained about how US security services can gain unfettered access to Facebook customer information sent to the US.

The 15-year-old agreement compromises the privacy of EU citizens and their right to challenge the use of their information, the EU Court of Justice said in a ruling in Luxembourg on Tuesday.

"This judgment is a bombshell," said Monika Kuschewsky, special counsel at lawfirm Covington & Burling in Brussels. "The EU's highest court has pulled the rug under the feet of thousands of companies that have been relying on Safe Harbour. All these companies are now forced to find an alternative mechanism for their data transfers to the US. And, this, basically overnight."

Read more: http://www.smh.com.au/business/world-business/no-safe-harbour-transatlantic-data-pact-struck-down-by-eus-highest-court-20151006-gk2x3b.html#ixzz3nrRHxcwm
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