EU and US Announce Association to Bolster Data Transfer and Protection, Microsoft Takes Part in Agreement

Published on:
by KnowESG
eu-us-data-agreement-march-2022-1

The US government and the European Commission have recently agreed to work on an agreement to control data transfer and protection. The court of justice of the European Union invalidated the original Privacy Shield framework in 2020, and the new Trans-Atlantic Data Privacy Framework will address the concerns of the court, rebuild and strengthen the data protection bridge between the EU and the US.

Microsoft is committed to doing its part and has appreciated the EU and the US government for achieving this significant milestone. The company extended its support to the new measures and ensured that the framework's fundamental privacy protections were realised.

It will embrace the new framework and meet all requirements this framework sketches for companies. It will improve handling legal requests for customer data and support individuals concerned about their rights.

Microsoft will make sure that the demand from the US government complies with the Trans-Atlantic Data Privacy and Security Framework. If the demand is not compliant, it will use all lawful means to challenge it.

The tech giant, under the agreement, will extend support to the redress process by putting its legal resources to participate in the judicial review of someone's claim of harm related to its public sector and commercial cloud services.

The new commitments will enhance the company's existing Defending Your Data protections.

Share:
esg
esg
esg
esg

Crypto Headlines

Bhutan to Mine Green Crypto to Boost its Economy

Bhutan to Mine Green Crypto to Boost its Economy

Why Algorand Uses Less Power Than Other Cryptos

Why Algorand Uses Less Power Than Other Cryptos

Can Bitcoin Ever Be Green? The Future of Sustainable Cryptocurrency Mining

Cyclean, Arbipad Partner for Sustainable Cryptocurrency Investing

Crypto Services for Modern Businesses: Balancing Efficiency, Compliance, and ESG

Zumo Supports Abu Dhabi's Green Finance Vision

How to Use Crypto Sustainably 

Up Agribusiness with Dimitra ESG: Key Benefits & Impact

How ESG Factors are Influencing Crypto Fund Management and Investment Strategies

Cardano Launches MiCA-Compliant Sustainability Indicators