Forty U.S. Companies Sign on to EU Data Protection Agreement
August 12 2016 - 6:20PM
Dow Jones News
By Dana Heide
About 40 companies have signed on to the new international
data-protection agreement that allows U.S. companies to transfer
data on European citizens to servers in the U.S.
A list of companies that have been deemed compliant with the
requirements of the so-called Privacy Shield agreement was released
on Friday by the International Trade Administration, an office of
the U.S. Commerce Department that promotes exports. Microsoft
Corp., Workday Inc. and Salesforce.com Inc. are among those
named.
Privacy Shield is the successor to an earlier agreement called
Safe Harbor. More than 4,000 companies were certified for Safe
Harbor before the European Court of Justice in October ruled that
agreement invalid. The court's decision threw Safe Harbor
signatories that hadn't made alternative arrangements suddenly out
of compliance with EU data-protection requirements.
The Commerce Department started to accept Privacy Shield
applications on Aug. 1. Certified companies must agree to follow
the agreement's data-protection rules or else face sanctions.
Write to Dana Heide at Dana.Heide@wsj.com
(END) Dow Jones Newswires
August 12, 2016 18:05 ET (22:05 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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