The EU digital strategy: The impact of data privacy on global business

New data regulations from the European Union require organizational attention, and three key steps can help navigate the data privacy landscape. The data regulations in the European Union (EU) have recently received significant attention specifically due to the advent of the General Data Protection Regulation and the rulings around Schrems II—whereby the Court of Justice of the European Union found that the protection of personal data had limitations due to domestic law in the United States—as well as the access and use by US public authorities of personal data transferred from the EU, and recent developments such as e-privacy. Most Popular Insights Author Talks: The world’s longest study of adult development finds the key to happy living What is generative AI? The executive’s guide to new-business building A CEO’s guide to the metaverse Generative AI is here: How tools like ChatGPT could change your business While these developments have led to major changes in data privacy, one of the other goals of the regulation—to establish a market for data and facilitate data exchange between companies—has not been reached to date. This lack of action has led to the potential for further regulatory activity to define an agenda for how […]

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