BritishAmerican Business (BAB) and the British-American Parliamentary Group (BAPG) will co-host a virtual meeting and discussion on data transfers. BAB will aim to convene members from several sectors to explain how data is being used in day-to-day operations and what kind of data gets transferred across borders. Examples include life sciences companies explaining how data is shared for vaccine trials; manufacturing companies explaining how they use data across their manufacturing and supply chains; other non-tech companies illustrating how day-to-day operations rely on the ability to safely and securely transfer data across borders.
The state of play (depending on the time of the year, this might change – a number of decisions and negotiations are pending) for legal mechanisms for transatlantic data transfers post-Schrems II (UK-EU, UK-US, US-EU). The future of data transfers: with the emergence of 5G, the data that consumers and businesses produce will grow exponentially and a significant proportion of it will be personal data. How this data is transferred and processed will continue to grow in importance, while a number of future tech areas will depend on it.