23andMe, a leading DNA testing company, has filed for Chapter 11 bankruptcy due to low demand and a troubling data breach impacting its reputation. With over 15 million customers, the company's financial troubles have triggered alarm about the protection of sensitive genetic information. Experts emphasize the risks associated with potential transfer of data to new owners during the bankruptcy process. Harvard law expert I. Glenn Cohen and California Attorney General urge customers to delete their data to safeguard against unforeseen consequences, advocating for better regulatory solutions for genetic information security.
DNA testing pioneer 23andMe filed for bankruptcy, raising urgent concerns about the security of personal data for over 15 million customers.
The company, which sought Chapter 11 protection after facing weak demand and a damaging data breach, plans to continue operations during the sale process.
Consumer advocates warn that the sale of 23andMe could lead to genetic information being transferred to new owners without customers' consent or knowledge.
Experts like Harvard's I. Glenn Cohen and California Attorney General Rob Bonta recommend customers take steps to delete their data to mitigate risks.
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