Oct 202015
 October 20, 2015  Posted by  Featured News, Laws, Non-U.S.

Angelique Carson reports:

In a new development demonstrating the ripple effect of the European Court of Justice (ECJ) Schrems decision, the Israeli Law, Information and Technology  Authority (ILITA) revoked yesterday its prior authorization to transfer data from Israel to the U.S. that rely on Safe Harbor. The announcement, which under a previous court ruling has authoritative weight, will present a significant barrier to data flows from Israel’s surging technology sector, which comprises large local operations of global powerhouses such as Intel, Microsoft, Google, Facebook and HP, as well as Israeli “unicorns” such as Waze, which was acquired by Google for more than $1 billion, Wix and ironSource.

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