Vice-President of the European Commission, EU Justice Commissioner
Binding Corporate Rules: unleashing the potential of the digital single market and cloud computing
Paris, 29 November 2011
Ladies and Gentlemen,
It is a privilege to speak with you today and to lift the veil on some of the ideas under consideration for the upcoming reform of the European Union data protection laws.
You are data protection professionals. You know perfectly well how much rapid technological developments over the past 16 years have challenged the current regime of the 1995 Directive on personal data protection in Europe. Our world is no longer defined by physical borders. Data races from Barcelona to Bangalore. It is processed in Dublin, stored in California and accessed in Milan. In the digital age, the transfer of data to third countries has become an important part of daily life. And this affects both businesses and citizens.
In this “brave new digital world”, we need efficient and effective tools to ensure that personal information online is properly protected.