EU seeks to reassure companies about transatlantic data transfers

By Julia Fioretti BRUSSELS (Reuters) - The European Commission will on Friday seek to reassure firms operating on both sides of the Atlantic that they can continue to transfer Europeans' personal data to the United States after a court struck down a system used by over 4,000 companies to do just that. The highest EU court last month ruled that Safe Harbour, which for 15 years has helped firms avoid cumbersome checks to transfer data between offices on both sides of the Atlantic, did not sufficie