The U.S. Federal Trade Commission announced Monday it has reached a settlement with a California-based company over allegations that it falsely claimed it was in the process of being certified for complying with the EU-U.S. Privacy Shield framework. The ReadyTech Corporation, which provides online training services, claimed on its website that it was "in the process of certifying that we comply with" the framework, and though it had initiated an application to Shield in October 2016, the organization did not complete the necessary steps. "Today's settlement demonstrates the FTC's continuing commitment to vigorous enforcement of the Privacy Shield," FTC Chairman Joe Simons said. "We believe Privacy Shield is a critical tool for ensuring transatlantic data flows and protecting privacy that benefits both companies and consumers." The European Parliament is expected to take a full plenary vote on whether to suspend Privacy Shield later this week.
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