For Immediate Release: October 18, 2016
Contact: Evan Caplan (202) 482-3809
U.S. Department Of Commerce Marks Posting Of 500th Company To Privacy Shield Framework List
In total, more than 1,500 companies have submitted certifications
WASHINGTON – The EU-U.S. Privacy Shield Framework today achieved a milestone with the posting of the 500th company to the Framework list since it began accepting certifications on August 1, 2016. The U.S. Department of Commerce's International Trade Administration manages the newly created Privacy Shield program, and conducts a robust review of each submission before finalizing a company's certification and placing it on the publicly available Privacy Shield list.
"With our partners in Europe, we have created in Privacy Shield a framework that both strongly protects privacy and facilitates trade," said Acting Assistant Secretary of Commerce for Industry and Analysis Ted Dean. "The pace of the Privacy Shield program's growth is a testament to the critical need for this data transfer mechanism, which underpins almost $300 billion in digitally deliverable services traded across the Atlantic each year."
In total, more than 1,500 companies have submitted self-certifications to the site since the new Framework launched, and additional certifications are being reviewed each day.
Organizations interested in self-certifying, exporters, and other stakeholders can visit www.privacyshield.gov for more information.
International Trade Administration
The International Trade Administration (ITA) is the premier resource for American companies competing in the global marketplace. ITA has more than 2,200 employees assisting U.S. exporters in more than 100 U.S. cities and 75 markets worldwide. For more information on ITA visit www.trade.gov.
The International Trade Administration, U.S. Department of Commerce, manages this global trade site to provide access to ITA information on promoting trade and investment, strengthening the competitiveness of U.S. industry, and ensuring fair trade and compliance with trade laws and agreements. External links to other Internet sites should not be construed as an endorsement of the views or privacy policies contained therein. This site contains PDF documents. A PDF reader is available from Adobe Systems Incorporated.