Data storage in Switzerland – your safe harbor for company data
The EU-US Privacy Shield went into effect on July 12, 2016. The new agreement between the EU Commission and the US government replaces the Safe Harbor agreement.
Above all, the new agreement will provide SMEs with legal security and cost savings for transatlantic data transfer.
The new agreement replaces the October 6, 2015 ruling by the European Court of Justice and regulates data exchange with the USA. The regulation was urgently needed because in October 2015, the European Court of Justice set down clear limitations for exchanging data with the USA. The Safe Harbor agreement that for 15 years allowed European data to be stored in the USA is invalid. Thousands of American companies will have to switch over to the new EU-US Privacy Shield agreement for their business relationships with their European customers.
The key points are:
- In the future, the US Department of Commerce will audit and monitor companies that process data from Europe.
- US companies must adhere to the new binding principles, be certified in accordance with the EU-US Privacy Shield agreement, and can be subjected to sanctions if they do not comply.
- A neutral ombudsman will resolve complaints of privacy breaches due to personal data being used unlawfully by intelligence authorities..
- Adherence to the agreement and certification will be audited annually by the EU and the USA.
Stored in Switzerland
In Switzerland, data transfer with the USA takes place via a similar agreement called the US-Swiss Safe Harbor Framework. New findings led Switzerland’s Federal Data Protection and Information Commissioner to the conclusion that he does not want to continue with this agreement and he is therefore currently coordinating with the EU. Switzerland, with its many secure data centers and solid data protection remains an excellent choice for storing personal data. The Federal Data Protection and Information Commissioner (FDPIC) recommends more transparency for companies that want to share data with partners in the USA.
Companies concerned with compliance all over the world advantageously store their European data in a greenDatacenter that meets EU and Switzerland data protection requirements and legislation. Data center space, move-in-ready colocation racks, dedicated servers, or cloud computing – no matter what your requirements, green.ch delivers the necessary infrastructure from the heart of Europe. We would be happy to show you how you can use the advantages of Switzerland as a location for your company.