While international laws are being adjusted to address the new reality of privacy and security in our data driven world, the debate on effective oversight and policy is far from over.

As a widely-recognized exemplar of effective data management stands the European Union, which released the long-anticipated details of the controversial EU U.S. Privacy Shield on Feb. 29. From this intricate amalgam of layered laws, review mechanisms and avenues of redress arise numerous questions and concerns such as the impact on transcontinental business and whether data is truly protected under this agreement.