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Europe, US Cut 11th Hour Safe Harbor Deal

2016-02-03 14:00:00| TechNewsWorld

Europe and the United States on Tuesday announced a new Safe Harbor agreement that neutralizes the threat of enforcement actions against domestic companies handling overseas data. The EU-US Privacy Shield aims to protect the privacy of data belonging to European citizens when it's handled by U.S. companies. It "will protect the fundamental rights of Europeans," said EU Commissioner Vera Jourová.

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