American firms scramble for answer to EU data dilemma

From: The Hill

By Cory Bennett and Katie Bo Williams

U.S. firms of all sizes are racing to find a way to keep handling foreign data after a European court struck down the international Safe Harbor legal framework over privacy worries.

U.S. leaders are busy negotiating a pact, dubbed Safe Harbor 2.0, in response to the European Court of Justice’s October ruling.

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