8 Jan 2025
🔒Implications of Regulations on U.S. Sensitive Data Transactions
Preventing Access to U.S. Sensitive Personal Data and Government-Related Data by Countries of Concern or Covered Persons
Summary
The Department of Justice is issuing a final rule to implement Executive Order 14117 of February 28, 2024 (Preventing Access to Americans' Bulk Sensitive Personal Data and United States Government- Related Data by Countries of Concern), by prohibiting and restricting certain data transactions with certain countries or persons.
Agencies
- Justice Department
Business Impact
$$ - Med
The regulation mandates U.S. businesses to comply with strict restrictions on data transactions, particularly involving sensitive personal data, creating significant compliance obligations and potential penalties for violations. This affects transactions related to government-related data or bulk U.S. sensitive personal data, impacting how businesses may operate and share data across borders.