Majority Of Businesses Plan To Shun Privacy Shield

Businesses in the US and the EU are unsure of the new Privacy Shield deal between the 2 regions. A survey undertaken by the International Association of Privacy Professionals has revealed that only a third of multinational companies plan on using a new international data-transfer agreement between the US and the European Union. The deal allows businesses to transfer European internet users' personal information to the United States. However, of the 600 privacy professionals that were questioned, 66% said they would not be signing the required contract. The reasons behind the uncertainty are that clauses within the deal are on “shaky legal ground”, as US authorities are not currently restricted “adequately”, according to experts.