EU-US Safe Harbor agreement is invalid, court rules

The Safe Harbor agreement on which many businesses rely for the transatlantic transfer of personal data is invalid, the Court of Justice of the European Union has ruled.
EU law requires that companies exporting citizens' personal data do so only to countries providing a similar level of legal protection for that data. In the case of the U.S., the exchange of personal data is covered by the Safe Harbor Privacy Principles, which the European Commission ruled in July 2000 provide adequate protecti