The European Union does not regulate the transfer of personal customer information to countries that lack adequate privacy protection.

Question

Quizplus · Accepted Answer

The European Union regulates the transfer of personal customer information to countries that lack adequate privacy protection through the General Data Protection Regulation (GDPR). The GDPR outlines specific requirements for such transfers, such as the need for standard contractual clauses or binding corporate rules. Companies that transfer personal data from the EU to non-EU countries without following these requirements can face substantial fines.

The European Union Does Not Regulate the Transfer of Personal