23andMe Files for Bankruptcy Amid Data Breach Scandal
In a shocking turn of events, genetic testing company 23andMe has filed for bankruptcy following a massive data breach that compromised the personal information of millions of its customers. The breach, which was first reported in late 2023, exposed sensitive genetic and health data, leading to widespread concern over privacy and security.
California Attorney General Rob Bonta issued an urgent consumer alert, warning 23andMe customers to take immediate action to protect their data. The alert comes amidst ongoing investigations into the company's handling of the breach and its aftermath. Bonta emphasized the importance of vigilance and recommended that affected individuals monitor their credit reports and consider freezing their credit as preventative measures.
The fallout from the data breach has been severe, with 23andMe facing numerous lawsuits and regulatory scrutiny. The company's decision to file for bankruptcy was announced after months of financial struggles and declining consumer trust. In a statement, 23andMe expressed regret over the incident and outlined plans to work with authorities to resolve the issues at hand.
As the situation unfolds, customers are advised to delete their data from 23andMe's servers to prevent further unauthorized access. The company has provided instructions on how to do so, urging users to act swiftly to safeguard their personal information.
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What is 23 and me for?
23andMe collects and analyzes people's genetic code and uses DNA samples to help people trace their ancestry or detect personal health risks, among other factors. The company filed for bankruptcy and announced plans to sell its assets.
How to protect 23andme data?
Customers can have their data deleted ... According to 23andMe's website, users can remove personal information by opting out of the 23andMe data section of account settings. The data is deleted once a user submits and confirms the request.
Is 23andme filing for bankruptcy?
DNA testing firm 23andMe files for bankruptcy as demand dries up. March 24 (Reuters) - 23andMe (ME.O) , opens new tab on Sunday filed for bankruptcy in the U.S. after struggling with weak demand for its ancestry testing kits and a 2023 data breach that damaged its reputation.
Does 23andme sell your DNA?
A privacy policy that might not stay so private 23andMe has tried to reassure customers by pointing to its privacy policy, which currently states that the company won't sell customers' identifiable genetic data, and that they'll only share data with researchers if customers opt in.
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