The US and EU have agreed to a new Trans-Atlantic Data Privacy Framework, marking the beginning of a collaborative approach to resolve the uncertainty created in July 2020, when the Court of Justice of the European Union invalidated the Privacy Shield framework. More data flows between the EU and the US than anywhere else in the world, powering a $7.1 trillion economic relationship. Check out this Exterro Data Privacy alert to learn more about the new US and EU data privacy framework.