Connect with us

Hi, what are you looking for?

INTERNET

EU, legislators reach Big Tech data rule accord

EU countries and parliament agreed on legislation limiting how Big Tech and other firms use European consumer and corporate data, with safeguards against non-EU governments gaining illegal access.

Last year, the European Commission suggested the Data Act constrain U.S. Internet businesses by including data from smart gadgets and industrial and consumer products.

The 2013 Snowden allegations of massive U.S. eavesdropping raised EU data flow worries. The deal took seven hours.

“Tonight’s agreement on the Data Act is a milestone in reshaping the digital space…we are on the way of a thriving EU data economy that is innovative and open—on our conditions,” EU industry chief Thierry Breton tweeted.

The new regulation lets people copy or transfer data from smart devices, equipment, and services. It gives consumers, and companies control over related product data.

The Act enables switching data processing providers easier, prevents cloud service providers from transmitting unlawful data, and sets interoperability standards for data reuse across industries.

Manufacturers reduced data sharing with third parties for aftermarket or other data-driven services. Siemens and SAP are worried about trade secret leaks.

Data-sharing requests can be denied if operators suffer “serious and irreparable economic losses” that threaten their sustainability under the new rule.

Damian Boeselager, a lawmaker, said this gave corporations a loophole.

I’m alarmed. “A national authority can review and annul a unilateral decision by the operator in a timely manner,” he said. ITI opposed the Act’s scope.

“We have ongoing concerns regarding the Act’s broad and ambiguous approach to data sharing, including the expansion of the products and services originally in scope and the safeguards for trade secrets protection, as well as the rules impacting international transfers of non-personal data,” its director general for Europe, Guido Lobrano, said.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

The future of technological innovation is here. Be the first to discover the latest advancements, insights, and reviews. Join us in shaping the future.
SUBSCRIBE

You May Also Like

TECH

Antivirus software administration is of the utmost importance in the field of cybersecurity. Even though Kaspersky Ultra Antivirus is well-known for its strong security...

AI

A number of sectors have been profoundly affected by the advent of artificial intelligence (AI), but the creation of AI chatbots stands out among...

TECH

Because of its superior products, Apple has maintained its position as the market leader in smartwatches. The most recent Apple Watch models, the Ultra...

AI

One of the most recent frontrunners in the field of AI-driven coding, Poolside, has made headlines after raising $500 million from prominent investors, including...

SUBSCRIBE

The future of technological innovation is here. Be the first to discover the latest advancements, insights, and reviews. Join us in shaping the future.