What to make ot the Court of Justice of the EU invalidating the Safe Harbor Agreement

October 6, 2015
Today the Court of Justice of the EU invalidated the Safe Harbor agreement between the EU and the US. Take a look at the press release of the court here.

So take a look at what it means for next generation applications (and also other applications that store European consumer / business data):


 
 


If you can't watch here are my takeaways

 
  • A win for data privacy for Europeans, the question will be at what cost. That cheap electronic gadget or sports apparel is likely no longer a click away. 
  • Not so good news for small and medium size business (SMB) who do business with European entities and consumers who now face additionally challenges. Challenges will be huge in case a SMB does business in their own data center in North America. Or works with a datacenter provider who does not have a EU presence. 
  • It largely will benefit the larger vendors, particularly those who have a EU presence, or so called model agreements for the respective locations of their data centers. 
 
What is your take?