[Brussels Jiji] On the 6th, the Court of Justice of the European Union (Luxembourg) ruled that the EU-US agreement known as "Safe Harbor," which specifically allows US companies to transfer personal information from EU countries to the US, is invalid because the information is not sufficiently protected. (http://www.jiji.com/jc/zc?k=201510/2015100600844&g=int)
It's here. Since the Snowden incident, there have been many talks about what would happen, but it was thought that it would not happen because of the economic impact. Companies like HP that are not only implementing Safe Harbor but also BCR should be praised for their foresight.
European Commission First Vice-President Timmermans said at a press conference that even though the agreement is invalid, it is possible for information transfers to continue within the scope of current rules for the time being.
Well, that's true. The economy will come to a halt. How will the United States respond from now on?