Schrems II: When Geopolitics Becomes an IT Risk
February 3, 2026
Schrems II is often treated as a “data protection” story, but for EU financial institutions it is really a live-fire test of operational resilience. One court judgment wiped out Privacy Shield overnight and forced banks and PSFs to scramble through SCCs, DPAs, and vendor contracts just to keep core services legal. That is not a legal nuance; that is a production incident with a geopolitical root cause.
