This is exactly what the Schrems I/II rulings encapsulated: the Privacy Shield agreement was ruled invalid as any guarantees made on the privacy of European Cit

This is exactly what the Schrems I/II rulings encapsulated: the Privacy Shield agreement was ruled invalid as any guarantees made on the privacy of European Citizens data transferred to the US were deemed to be fake. This has put a lot of cloud migrations on hold particularly for companies that are dealing with sensitive data, like banks and health care, but also retailers. So it is approached from the consuming end for better or worse.