On Friday, September 12, the EU data law will come into force and introduce new data sharing requirements throughout Europe. While Cisco is ready for these changes, we see practical ways to improve the rules. Targeted regulatory simplification is necessary if Europe has fully sixteen opportunities for innovation and AI.
Simplifying complex and overlapping rules is not just about reducing bureaucracy. It is about creating a regulatory environment where it can withdraw all sizes with certainty, invest in new technologies and provide the value of the company. We recommend the European Commission to use its upcoming Union data strategy as a chance to address real obstacles in the European data landscape, especially within the Data and GDPR Act. Simplifying these regulations will help create a clearer and more efficient environment for innovation and growth.
Consistency: Cisco’s commitment to transparent and open data sharing
Cisco has updated its legal conditions and processes of transparency (a tray of contracts and a transparency magazine) to maintain the pace with changing European data rules. These updates even help to clarify how data are shared and managed with our customers and partners, and strengthen legal protection for all involved.
We are also proud to promote an open and standardized way of sharing data that are necessary for the development of responsible AI. This approach not only supports wider data sharing, but also the quality and severity of data, two foundations for a healthy digital economy and credible AI solutions.
Remove compulsory sharing of business secrets
The requirement of the Act on Compulsory Sharing of Business Secrets (Article 4) of Risks shall undermine innovations and competition. Business secrets are valuable because they are confidential. Including publication, even if it has promised confidentiality, can disrupt its value and further state business.
The current rules require owners to demonstrate serious economic damage before they can refuse access, which weakens protection compared to other forms of intellectual property. Business secrecy holders should have the last word on whether to share sensitive information as soon as it is published, the advantage may be lost forever.
Simplify Transfers of Trusted Data
The Data Management Act and the Data Management Act are currently introducing overlapping and comprehensive requirements for the transfer of impersonal data, especially for companies that process mixed data sets. Privacy and security must always be in the first place, but the rules for data transfer across boundaries should be balanced and based on real risks. If companies are working with data sets that contain different types of data, there should be after GDPR rules on Cross -border data transfers, without having to meet, it requires data above. These added layers of regulation impose a significant administrative burden without adequate increase in safety or risk management.
By focusing on regulatory simplification and targeted reform, the Commission can strengthen the position of Europe in AI and digital innovation. Simplified data rules, better protection of business secrets and balanced access to international data flows will help European companies to compete around the world, strengthen innovations, and ensure that everyone shares the benefits of the digital economy.
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