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Brexit’s data bogeyman

As the United Kingdom hurtles toward the EU exit door, both sides have yet to start discussing how to make sure that reams of digital information — everything from social media posts to companies’ customer details — can continue flowing when London finally leaves the 28-member bloc early next year. Without a new data deal, both British and European companies will find it hard to share even the most basic of information across the Channel — data that underpins trade reaching into the tens of billions of euros each year. Officials and legal experts reckon it will take 12 to 18 months, at best, to hammer out an agreement.

Source: Brexit’s data bogeyman – POLITICO