23andMe Files for Bankruptcy Amid Data Privacy Concerns

23andMe, a leading genetic testing company, has filed for bankruptcy, sparking widespread concerns over data privacy and security. The announcement comes after the California Attorney General issued a warning to customers about the importance of deleting their data from the company's servers. This move has reignited debates about the risks associated with sharing personal genetic information online.

The company's financial struggles were compounded by a significant data breach last year, which exposed millions of users' sensitive information. In response, many customers have voiced their distrust, with some stating they would never use 23andMe or similar services again, citing fears of data misuse similar to those experienced with social media giants like Facebook.

The bankruptcy filing marks a significant moment for the genetic testing industry, highlighting the critical need for robust data protection measures. As 23andMe navigates its financial restructuring, the focus remains on how it will address the ongoing concerns of its users regarding their privacy and the security of their genetic data.

• 23andMe
• California
• Data Privacy
• Genetic Testing

Detailed News about 23andMe • bankruptcy

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What is 23 and me?

After you provide a saliva sample, 23andMe uses genotyping to analyze your DNA. This means we look at specific locations in your genome that are known to differ between people. We then turn those results into personalized genetic reports on everything from ancestry composition to traits to genetic health risks.

Is 23 and me bankrupt?

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 that once featured in Oprah Winfrey's annual list of favorite things, and following a 2023 data breach that damaged its reputation.

How can I delete my 23andme data?

Clicking on “Settings” under their profile. Finding the “23andMe Data” section. Clicking “View,” then “23andMe Data” Choosing the “Permanently Delete Data” selection.

Why delete 23andme data?

23andMe users are being advised to delete their data as the company files for bankruptcy. The California Attorney General issued a consumer alert urging users of the biotech company to consider asking the company to delete their data and destroy any samples of genetic material.