Germany: Privacy

In der digitalisierten Wirtschaft stellen Daten und Geschäftsprozesse eine wesentliche Grundlage der Wertschöpfung dar. Zunehmende Auslagerungen zentraler Funktionen – etwa Finanz-buchhaltung, Lohn- und Gehaltsabrechnung, Zahlungsabwicklung, IT-Hosting, Rechen-zentrumsbetrieb und Cloud-Services – erhöhen das Risikoprofil von Organisationen.

In the digital economy, data and business processes are an essential basis for value creation. The increasing outsourcing of central functions – such as financial accounting, payroll accounting, payment processing, IT hosting, data center operations, and cloud services – increases the risk profile of organizations.

The EU Data Act (Regulation (EU) 2023/2854) introduces a comprehensive framework to enhance data portability and reduce vendor lock-in across the EU digital economy.

News about Trump's inauguration and the first laws he has enacted are currently piling up.

Do data transfers to the USA have a price tag of 400 EUR/per person since the latest EC ruling? The good news is first of all: No, not automatically.

The Federal Ministry for Economic Affairs and Climate Protection and the Federal Ministry of Justice recently published the draft bill for a law to implement the European Regulation on the implementation of the Regulation on the protection of personal data.