EU to Conduct First Annual Review of 'Privacy Shield' with U.S.

A pact underpinning billions of dollars of transatlantic data transfers will undergo its first annual review, with Europe seeking to ensure Washington has lived up to its promises to protect the data of European citizens stored on U.S. servers. Feted as a milestone in transatlantic relations, which had soured after revelations of mass U.S. surveillance four years ago, the EU-U.S. Privacy Shield data pact has been in place for just over a year.