Safe Harbor has officially fallen from grace, here is a link to the actual ruling:
What this actually means is still not fully clear, but what is clear is that it affects thousands of companies who now find themselves without the added “protection” of its (self certified) legal framework. Thousands of contracts will be invalidated and thousands of companies will be deemed to not have met minimum standards of protection of EU data in the USA.
There is one thing for certain though; with the speed required to address this, there will be one group of people set to profit from this to get the next best thing into place as quickly as possible…
Picture credit – Quentyn Taylor (@quentynblog)