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Eu, United States Agree On Changes To Strengthen Data Transfer Pact


Ron Burgundy
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By Julia Fioretti BRUSSELS (Reuters) - The European Union and the United States have agreed changes to a data transfer pact that is key to transatlantic business, including stricter rules for companies holding information on Europeans and clearer limits on U.S. surveillance. The revised EU-U.S. Privacy Shield was sent for review by European member states overnight. Cross-border data transfers by businesses include payroll and human resources information as well as lucrative data used for targeted online advertising, which is of particular importance to tech companies.

 

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