Commerce Official: More Than 700 Companies Have 'Self-Certified' Under Privacy Shield

More than 700 companies have “self-certified” under the new U.S.-EU Privacy Shield framework since its launch about nine weeks ago, Commerce Department Deputy Secretary Bruce Andrews said this week. Speaking to a delegation of government and business officials from Denmark led by Danish Crown Prince Frederik and Crown Princess Mary, Andrews called Privacy Shield “essential to transatlantic commerce.” “It supports the $290 billion in digital services traded between the U.S. and the EU every year -- and paves the way...