Beware: Even if your company substantially complies with the Privacy Principles of the US-EU Safe Harbor, failure to annually re-certify can land you in hot water.
Twelve US businesses—ranging from sports teams, to software and consumer product companies, to Internet giants—have recently agreed to settle Federal Trade Commission (FTC) charges that they falsely claimed compliance with the US-EU Safe Harbor, an international privacy framework.
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Topics: Compliance, Enforcement Actions, EU, FTC, Misrepresentation, Safe Harbors, Telecommunications
Published In: Antitrust & Trade Regulation Updates, General Business Updates, International Trade Updates, Privacy Updates, Science, Computers & Technology Updates