The Federal Trade Commission (FTC) has given final approval to settlements with four companies over allegations that they falsely claimed certification under the EU-U.S. Privacy Shield framework.
The FTC alleged that the companies falsely claimed to be certified under the EU-U.S. Privacy Shield, which establishes a process to allow companies to transfer consumer data from European Union countries to the United States in compliance with the EU law.
The FTC alleged that the companies did not hold the certifications that they claimed to. To read more about the settlements, visit the Federal Trade Commission's press release online.