Published On : Jul 27, 2018
The post-Brexit concern is focused is associated to the transfer of cyber-security intelligence between Britain and the European Union; Theresa May plans to frame plans to prevent any major upheaval.
After the U.K. leaves the EU, British companies would be permissible to transfer data only if they are agreed to additional safeguards, like regular audits to ensure compliance, and they’d need approval by various data protection authorities all over the EU.
The U.K. has previously agreed to a fact that the smooth transfer of personal data to and from the European Union is vital for not only European businesses but also consumers. There has been various discussions and laws were ongoing but recently, it has been cleared that continuing to exchange such information would surely "ensure" the U.K.’s exit from the European Union won’t compromise either region’s ability to "adapt to evolving threats”.
Earlier, Britain’s intelligence chiefs have warned that any failure to agree to data-sharing rules after Brexit could impend security both in the U.K. and the EU. Data protection is also a key priority. Therefore, it was important to make a decision on this issue. In May, UK has proposed a new data-sharing model to ensure ongoing data protection collaboration and a free flow of data between the EU and the UK post-Brexit.
The U.K. has done its utmost to encourage businesses that data flows will continue. The U.K. government is also proposing that it recognize "equivalent forms of electronic ID" that are secure across the countries EU and U.K. Besides, the EU currently offers “adequacy agreements” so data can be transferred across borders. In fact, some countries like- New Zealand and Argentina, have been considered as providing fully satisfactory data protection.
Moreover, it has been reported that the government proposed the U.K.’s Information Commissioner’s Office and EU Data Protection Authorities forge a "close cooperation," and that it was ready to begin preliminary discussions. It quoted e-commerce and law enforcement specifically as two major areas threatened by a lack of a cross-border agreement on the issue.