Brexit Could Bring Data Restrictions to UK Firms
OCT 27, 2020 | EUROPEAN UNION | UNITED KINGDOM
Brexit Could Bring Data Restrictions to UK Firms
Bloomberg, October 27, 2020
By Natalia Drozdiak
Around the world, companies have been able to expand their global footprints in part by transporting troves of customer data, like payroll information or business contracts, internationally. That's especially important for smaller countries, like the UK, who hope to serve billions of customers outside their borders.
Now, such transfers are increasingly under threat in Europe. In a landmark decision in July, EU judges overturned the primary system to move data from Europe to the US, called Privacy Shield, on concerns that users' information is unsafe from American intelligence services.
Business-to-business companies, on the other hand, could be relatively less affected, some argue. “You can imagine that there’s a difference between industrial data and social media data,” said Aaron Cooper, vice president of global policy at BSA, a trade group that represents companies including Microsoft Corp. and Oracle Corp. That should inform what extra privacy protections such firms have to incorporate, he said.
Original Posting: https://www.bloomberg.com/news/newsletters/2020-10-27/the-eu-is-getting-tougher-on-data-portability?sref=qIvhRzNd
关于 BSA
BSA |“软件联盟”(www.bsa.org) 是全球软件行业的主要倡导者,旨在代表该行业,向政府和国际市场发声。其成员包括全球最具创新力的公司,这些公司制定的软件解决方案,不但能够刺激经济,还能提升现代生活的品质。
BSA 的总部位于华盛顿特区,其营运机构遍布 30 多个国家。BSA 凭借这些机构,率先涉足合规项目,以期促进使用合法软件、倡导制定公共政策,并以此培养技术创新能力,以及推动发展数字经济。