"Sensitive data concerning European citizens and companies is not safe in the U.S., legal experts warn." That's according to a Computerworld report questioning the storage and processing of data from Europe in the U.S. According to the report, many U.S. companies are "wrongfully claiming they are certified to store and process data from Europe," prompting Sophie in 't Veld of the European Parliament to call for the European Commission to rectify the situation. The report looks at the EU-U.S. Safe Harbor principles, suggesting, "the safety of this harbor is not absolute...The rules and policies of Safe Harbor are as soft as butter and there's no oversight."
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