Concerns Rise Over 23andMe's Bankruptcy and Data Privacy
The recent bankruptcy filing of 23andMe has sent shockwaves through its user base, raising significant concerns about the future of personal genetic data. With CEO Anne Wojcicki resigning, the company is navigating a complex sale process while assuring users that privacy protections remain intact.
However, a substantial data breach in October 2023, which affected nearly 7 million customers, has left many feeling uneasy. Experts now recommend that users consider deleting their accounts to safeguard their sensitive information.
As 23andMe prepares to auction off its assets, including genetic data, the prospect of this valuable information falling into the wrong hands looms large. California's Attorney General has echoed these concerns, urging residents to take proactive steps in protecting their data.
The uncertain future of 23andMe highlights the pressing need for stronger protections around consumer data, particularly in the realm of genetic information.
The press radar on this topic:
After 23andMe goes bust, experts say users should delete their data
23andMe’s bankruptcy puts 15 million users’ DNA data on auction block
Major healthcare company files for Chapter 11 bankruptcy TheStreet Daily Newsletter
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