S1.2 The EU-US Data Privacy Framework is a sitting duck. PETs might be the solution

The EU-US Data Privacy Framework is a sitting duck. PETs might be the solution By Camille FordIn July 2023, the European Commission published an adequacy decision on the EU-US Data Privacy Framework (DPF) – the third attempt to broker a lasting agreement on transatlantic data transfers. While the DPF has made important strides compared to its predecessors, it’ll likely face yet another challenge before the Court of Justice of the European Union (CJEU). To mitigate the risks of another disputed agreement, the EU and US should turn to a toolbox approach to cross-border data transfers – starting with joint R&D investment in Privacy-Enhancing Technologies (PETs).The stakes of this recurring failure are high – according to AmCham EU, cross-border data flows account ‘for more than half of Europe’s global data flows and for half of the US’ total,’ and 90 % of EU-based companies rely on transatlantic data flows. Most importantly, without an agreement, transatlantic data transfers are more susceptible to legal uncertainty, putting the fundamental rights of European citizens at risk.Watch more here Hosted on Acast. See acast.com/privacy for more information.