29. Unpacking the Transatlantic Data Privacy Framework with Scott Marcus, Bruegel

The recently announced Transatlantic Data Privacy Framework will foster data flows between the US and the EU, addressing the concerns raised by the Schrems II. decision. The US-made an unprecedented commitment to strengthen the privacy protection applicable to US signals intelligence activities within the new framework. New safeguards will be implemented to protect citizens' rights while advancing cross-border data flows. The next step is to translate this framework agreement into legal documents that will be put into practice on both sides of the Atlantic. But what does this mean for data privacy in practice? What are the major challenges, and what can we expect in the long run? We spoke to J. Scott Marcus, Senior Fellow at the EU's economic think tank, Bruegel, about the history and future of transatlantic data flows.
Read on to learn how synthetic data can solve cross-border data sharing!