"However, the European Commissioner with responsibility for data protection has said that transatlantic data flows can continue despite the ECJ ruling.
Vera Jourova said "there are other safe guards in place", pointing to standard data protection between companies or building corporation protection.
The Commissioner acknowledged that Safe Harbour is invalid, however she added that there were clear rules for international transfers and "they are valid and apply"."
Sounds like if anything they just need to tinker with the transfer framework to ensure it is robust. Fortunately there is no use of the word illegal in there!
1PG Price at posting:
$4.42 Sentiment: Buy Disclosure: Held
