January 13, 2014
1 minute read
The European Commission has confirmed it will not scrap its safe harbour data protection agreement with the United States.
The body is concerned about recent revelations regarding the U.S National Security Agency (NSA) snooping on European data and it had been reported that they would remove the agreement unless improvements are made.
Instead, EC members presented 13 recommendations to U.S officials for improving the handling of European customer data earlier this week.
According to staffingindustry.com, they will review any changes made as a result of these recommendations next summer.
The eradication of safe harbour data agreements would have been a major blow to businesses in the United States. It would have meant that all U.S companies would have to adhere to stricter EU privacy rules when collecting data from European customers.
Nevertheless, an editorial article published on ft.com has claimed that the U.S will have little choice but to bow to the European Commission’s recommendations.
It explained: “America’s strongest reason for respecting foreigners’ privacy is that, in the long term, it has little choice. The internet, like the U.S financial and legal systems, plays an international role because it commands widespread confidence. If foreigners no longer trust America to keep their secrets, they will take their data elsewhere.”