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Cross-border data transfer has brought with it myriad benefits for not only organizations but also individuals (data subjects) and countries. Organizations can create digital goods in any country and promote them in regions where data trading is permissible. This removes geographical barriers, enabling users to access digital goods from anywhere in the world.
Cross-border data transfer rules have evolved and refined over the years. There are now over 60 countries that have enacted cross-border and data localization rules. However, most of those regulations have taken inspiration from the since it is considered to be one of the most comprehensive data protection regulations to date. Let’s take a brief look at varying cross-border data transfer requirements mentioned under some of the major global privacy laws.
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The use of binding corporate rules, standard data protection provisions issued by the Commission, standard data protection clauses adopted by a supervisory authority, or contractual clauses approved by a supervisory body are a few examples of acceptable measures.
The EU, North America, Australia, Brazil, Japan, and Thailand are notably the countries with the strictest data privacy laws.
The European Economic Area (EEA), which consists of all EU nations as well as Iceland, Liechtenstein, and Norway, is subject to EU data protection laws when making a cross-border data transfer. Special measures are ensured with the data when moved outside the European Economic Area.
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