Ding dong, Safe Harbor is (effectively) dead…
The implications of this judgment are potentially wide-ranging and still being digested, and the precise parameters of the impact is expected to become clearer as additional guidance is provided by EU regulators. Initial responses from Silicon Valley (including Microsoft, AirBnB and Facebook, as reported recently by the BBC) have been robust – from Microsoft’s “For…enterprise cloud customers, we believe the clear answer is “yes” they can continue to transfer data by relying on additional steps and legal safeguards we have put in place,” to AirBnB’s “this ruling does not have significant impact on us.”
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