FTC: 23andMe buyer must honor firm's privacy promises for genetic data
a year ago
- #privacy
- #genetic_data
- #bankruptcy
- FTC Chairman Andrew Ferguson is monitoring 23andMe's bankruptcy and sale due to privacy concerns over genetic data.
- 23andMe holds sensitive personal information, including genetic data, health info, and ancestry details, for millions of users.
- The company's bankruptcy has raised concerns about the security and future handling of 15 million customers' genetic data.
- A recent hack exposed ancestry data of 6.9 million users, adding to privacy worries.
- FTC insists that any sale must uphold 23andMe's privacy promises and comply with existing policies and laws.
- The bankruptcy proceedings are being handled in the US Bankruptcy Court for the Eastern District of Missouri.