FTC reaches settlement with companies over U.S.-EU Privacy Shield claims

The Federal Trade Commission has reached settlement in three cases in which the commission alleged that companies misled consumers by saying they participated in the European Union-U.S. Privacy Shield framework, which allows companies to transfer consumer data between the EU and U.S. in compliance with EU privacy law.

The FTC settled with human resources software company Decusoft, printing services company Tru Communication, and real estate wireless services provider Md7 over what the commission charged were inaccurate claims that their...