Cybersecurity Dive April 2, 2025
The company filed for bankruptcy after financial challenges over the past few years and a massive data breach in 2023.
Federal Trade Commission Chairman Andrew Ferguson on Monday said genetic testing company 23andMe, which recently initiated a bankruptcy proceeding, must honor its data privacy and security commitments in any sale or transfer of individuals’ personal data.
23andMe promises a number of protections for user data in a privacy statement posted on its website. The company has indicated since its bankruptcy filing that it will continue to honor its privacy representations in the process of securing a purchaser, Ferguson noted in a letter to Acting U.S. Trustee Jerry Jensen.
“The FTC believes that, consistent with Section 363(b)(1) of the Bankruptcy Code,...
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