Businesses and organizations that regularly transfer personal data from the EU to the U.S. should carefully assess whether it makes sense to rely on the new EU-U.S. Data Privacy Framework.
An executive order released by the Biden Administration on August 9 places increased importance on due diligence when investing in specific foreign countries.
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The European Commission has cut its outlook for the Eurozone economy, predicting it will be dragged down this year by a contraction in Germany.
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If companies make disclosures in a big rush, as required, they may end up going public about cybersecurity incidents before they fully understand the situation.