Companies Hesitant to Use U.S.-EU 'Privacy Shield'

A survey shows multinational companies remain wary of a new international data-transfer agreement between the U.S. and the European Union, and many are relying on contract provisions that could be invalidated by Europe’s highest court. The survey of 600 privacy professionals, conducted in June and July, found only 34% say they plan to use the agreement, known as Privacy Shield, which allows businesses to transfer personal data on European citizens to the U.S.