Canada

What happens to your DNA data now that 23andMe has filed for bankruptcy?

The once-promising genetic testing company 23andMe has filed for bankruptcy, leaving its millions of customers in a state of uncertainty. The company, known for its popular saliva-based DNA testing kits and health research initiatives, has seen its fortunes decline in recent years. Co-founder and CEO Anne Wojcicki has resigned, and the company has announced plans to sell “substantially all of its assets.”

Customers are understandably concerned about the security of their genetic data. With reports of a major data breach in 2023 and the company’s financial troubles, many are worried about what will happen to their personal information. 23andMe has assured customers that their data will remain protected, even in the midst of the bankruptcy process. Any potential buyer of the company will be required to comply with applicable laws regarding the treatment of customer data.

However, experts warn that the risks of data exposure remain high. With the company facing financial difficulties, it may be more vulnerable to cyber attacks. Customers are advised to take precautions, such as deleting their accounts and securing their data. California Attorney General Rob Bonta and New York Attorney General Letitia James have both urged customers to delete their accounts and take steps to protect their data.

The potential consequences of a data breach are significant. Genetic information could be used for nefarious purposes, such as identifying predispositions to genetic conditions or denying insurance coverage based on genetic data. Customers may also be at risk of having their data sold to third parties for unknown purposes.

Despite the risks, customers do have some options for protecting their data. They can delete their accounts and download their data before doing so. However, even if an account is deleted, 23andMe will retain some information for legal compliance purposes.

See also  More than 910,000 patients at risk after ConnectOnCall health data breach

Overall, the situation with 23andMe serves as a cautionary tale about the risks of sharing personal genetic data. As the company navigates its bankruptcy proceedings, customers are left wondering what the future holds for their sensitive information. In an age where data privacy is a growing concern, it is more important than ever for individuals to be vigilant about protecting their personal information.

Related Articles

Leave a Reply

Back to top button