Standard Contractual Clauses have become even more critical - are you ready?
Blog post from Box
On July 16, 2020, the Court of Justice of the European Union (CJEU) invalidated the EU-US/Swiss-US Privacy Shield Framework in the Schrems II case, while affirming that Standard Contractual Clauses (SCCs) remain a valid mechanism for data transfers outside the European Economic Area (EEA). As a consequence, organizations previously relying on Privacy Shield must adopt alternative mechanisms like SCCs to lawfully transfer personal data to the United States. Box, a cloud content management company, is proactively updating its Data Processing Addendum (DPA) to include SCCs, ensuring compliance with EU and UK data privacy laws amid the Privacy Shield's invalidation and potential Brexit impacts on data transfers post-December 31, 2020. Box is notifying affected customers through in-app alerts and emails to review and execute the necessary agreements, thereby maintaining lawful data transfer mechanisms without additional costs.
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