June 1, 2020
Lawyers, security specialists sort through Privacy Shield impact on new EU data rule
The impact of the U.S.-European Union Privacy Shield on companies' compliance with the separate EU General Data Protection Regulation -- taking effect on May 25 -- continues to be a matter of debate and speculation among corporate security professionals and attorneys as GDPR implementation nears.
“Saying that Privacy Shield equals GDPR compliance is overly optimistic,” said John Holmes, general counsel of the security firm Forcepoint. “If you get Privacy Shield certification, that puts you ahead of the curve, but you're...