The EU-U.S. and Swiss-U.S. Privacy Shield Frameworks were jointly designed by the U.S. Department of Commerce, the European Commission, and the Swiss Administration to provide companies in both U.S. and Europe with a regulatory mechanism to comply with common data protection requirements when transferring personal data from the European Union and Switzerland to the United States in support of transatlantic commerce.
As stated on the Privacy Shield website, "On July 12, 2016, the European Commission deemed the EU-U.S. Privacy Shield Framework adequate to enable data transfers under EU law. On January 12, 2017, the Swiss Government announced the approval of the Swiss-U.S. Privacy Shield Framework as a valid legal mechanism to comply with Swiss requirements when transferring personal data from Switzerland to the United States."
The framework is managed and administered by the International Trade Administration (ITA) within the U.S. Department of Commerce. Each U.S.-based organization that complies to the Privacy Shield Program is required to self-certify to the Department of Commerce and publicly commit to comply with the framework's requirements.
Here at phoenixNAP we highly value user privacy and do our utmost best to safeguard information of site users and clients. phoenixNAP adheres to the EU-U.S. Privacy Shield Framework as set forth by the U.S. Department of Commerce regarding the collection, use, and retention of personal information transferred from the European Union to the United States.
Our participation in the Privacy Shield Program applies to all personal data subject to the phoenixNAP Privacy Agreement and is received from the European Union and the European Economic Area.