Friday, October 21, 2016
Privacy Shield Certifications Top 500 by Mid-October
According to a spokesperson from the U.S. Department of Commerce, the Privacy Shield self-certifications of 500 companies have been approved by the department by mid-October, while those of an additional 1,000+ companies are under review. The DOC announcement came during the Privacy Commissioners’ 38th International Conference in Marrakesh, Morocco on October 20, 2016. The take-up rate of certifications since Privacy Shield opened for business on August 1, 2016 has been substantial and appears to be accelerating: approximately 100 during the first month, another 200 in the second month, and an additional 200 during the first two weeks of the current month.