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q.kontinuum [soylentnews.org] writes:

As mentioned 4 months ago [soylentnews.org], a ruling by the European Court of Justice invalidated the Safe Habour treaty, which was the base for a lot of the data transfered from EU to US. Until now, the ruling seemed not to have many consequences, as there was a moratorium in place, basically giving the US some time to propose new, stricter rules to protect data of EU citizens stored in the US.

The moratorium runs out end of January. This means, the EU should start enforcing the laws [out-law.com] without "Safe Habour" starting beginning of February.

The news agency said that EU data protection authorities (DPAs) are considering implementing a ban on companies agreeing new binding corporate rules (BCRs) or installing model contract clauses into new data transfer agreements. The DPAs are expected to adopt a common approach on issues relating to EU-US data transfers at a meeting on 2 February.

Looks like the US government didn't budge yet.

What do you think, who will be affected worse in short and long run? Apparently lots of EU companies rely on US cloud services, and might suffer when they can't use them anymore. On the other hand it could mean a stronger competitive advantage for EU cloud-service providers in the future.

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