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    You are at:Home»Finance»Insurance»FTC Concerned About Privacy Protections in 23andMe Bankruptcy
    Insurance

    FTC Concerned About Privacy Protections in 23andMe Bankruptcy

    newsworldaiBy newsworldaiApril 1, 2025No Comments2 Mins Read0 Views
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    FTC Concerned About Privacy Protections in 23andMe Bankruptcy
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    The chairman of the agency said Monday that the US Federal Trade Commission is concerned about the possible sale or transfer of personal information by the US by the ME -Ennormary Testing Company, which recently filed for bankruptcy.

    https://www.tiqets.com/en/new-york-new-york-hotel-casino-tickets-l235895/?partner=travelpayouts.com&tq_campaign=bc55a31e7f434e4ab93246c49-615741

    FTC Chairman Andrew Ferguson said in a letter to the US Trustee, a government office, which monitored bankruptcy, said that any buyer of 23 and assets agreed to be bound by the company’s current privacy policy.

    The company filed on March 23 to protect bankruptcy, which had a weak demand for its breeding test kits. It has said that the bankruptcy process will not affect how it stores, manages or protects users’ data.

    Officials, including California’s Attorney General Rob Bonta, questioned what the genetic figures collected by 23 and May will be. The company’s privacy policies state that data can be sold to other firms. Bonta has urged customers to delete their genetic data.

    In 2023, the hackers exposed the personal data of about 7 million 23 and customer consumers in a five -month period, which led to a major blow to the company’s reputation and raised its growth issues. This violation raises alarm in users concerned about their privacy and how DNA testing firms handle their data.

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