The recent Safe Harbor decision by the European Court of Justice means that companies should put in place the EU Model Clauses between the relevant data exporters and data importers, prioritising key transfers first (unless and until the Article 29 Working Party or the relevant national Data Protection Authority issues different advice). Companies should also take a serious lookat their data practices generally and consider a number of key questions to minimize their compliance risks.
Attached is a quick reference guide to help you understand the decision, its consequences and what steps you should take now.
