The shockwaves of the EU Court’s ruling on privacy standards may topple Israel’s tech sector
The dramatic ruling by the European Union’s Court of Justice on Thursday is, on the surface, unrelated to Israel. The document doesn’t mention Israel once and deals with the Privacy Shield agreement between the EU and the U.S., or rather the nixing of it. Naturally, the ruling has a major impact on U.S. tech companies, in fact it will affect every American company that collects data on EU residents, even if it isn’t strictly speaking a tech company.
Last week you read about EU court decisions that impacted Big Tech in Europe and America, but they reach other places as well. Here C Tech takes the view from Israel on data privacy.