On October 6, the EU ruled that the 15-year-old Safe Harbor Agreement between the U.S. and Europe is invalid. The agreement had allowed American companies to move the data of European citizens freely to the U.S. under the rationale that American data protection equivalent to EU standards. From large enterprises like Facebook and Google to cash-strapped startups, companies have been able to self-certify their internal data security, allowing them to move, store, and process information without border restrictions. But, come January 2016, that will no longer be possible.

Source: 4 ways to adapt to the EU’s new data rules