Privacy security

Privacy Shield: Leaked Report Suggests EU Regulators Will Reject Proposed EU-US Data-Sharing Deal

A leaked report suggests that a group of European regulators is set to reject a data-sharing deal agreed to by EU and U.S. officials for the transfer of information across the Atlantic, leaving thousands of U.S. companies in limbo, including major technology companies like Google, Facebook and Twitter.

On Wednesday, the 28 European data protection commissioners charged with keeping their citizens' data safe will issue their opinion on Privacy Shield, the data-sharing deal announced in February, with the support of the Article 29 Working Party seen as crucial to the agreement being implemented.

The leaked report came from the German members of the Article 29 Working Party and says it “is not in a position to reach an overall conclusion on the draft adequacy decision.” The report goes on to say that, in particular, issues relating to national security matters could also affect “the viability of the other transfer tools” that companies use to transfer data between Europe and the U.S.