The European Union's (EU) highest court recently found that the "Safe Harbor" provisions allowing data transfers from EU countries to United States' data centers are invalid.

Triggering this finding was a lawsuit motivated, in part, by spy agency access to citizen data in violation of privacy initiatives. Despite this ruling, transatlantic data flows can continue -- assuming other safeguards are in place.

Security Current's Vic Wheatman speaks with Lawrence Dietz, General Counsel for California-based TAL Global to make sense out of this and what it means to CISOs. Dietz is a nationally recognized expert in the areas of cybersecurity, cyber warfare, information security and intellectual property.