The new program that replaces the Safe Harbor agreement is being picked up by US companies, but very, very slowly. In the first two weeks since the US Department of Commerce started accepting applications for the Privacy Shield transatlantic data transfer program, just 40 companies have been certified. Another 200 applications are currently being reviewed, so we can expect this number to increase, although it’s still far, far away from the 4,000 companies certified for the Safe Harbor agreement. "The first joint annual review will therefore be a key moment for the robustness and efficiency of the Privacy Shield mechanism… [Continue Reading]