FTC concerned about privacy protections in 23andMe – Business News
The Federal Trade Commission is concerned about the potential sale or switch of Americans’ personal data by 23andMe ancestry testing company which lately filed for chapter, the company’s chairman mentioned on Monday.
Any purchaser of 23andMe belongings ought to comply with be certain by the company’s present privacy coverage, FTC Chairman Andrew Ferguson mentioned in a letter to the US trustee, a authorities workplace that oversees bankruptcies.
The company filed for chapter safety on March 23 amid weak demand for its ancestry testing kits. It has mentioned the chapter course of won’t have an effect on how it shops, manages or protects buyer information.
The Federal Trade Commission is concerned about the potential sale or switch of Americans’ personal data by 23andMe ancestry testing company which lately filed for chapter, the company’s chairman mentioned on Monday. Bloomberg
Officials together with California Attorney General Rob Bonta had questioned what would occur to the genetic information collected by 23andMe. The company’s privacy insurance policies say that the information could possibly be offered to different companies. Bonta has urged 23andMe clients to delete their genetic information.
In 2023, hackers uncovered the personal information of almost 7 million 23andMe clients over a five-month period, dealing a main blow to the company’s repute and compounding its growth issues. The breach raised alarm amongst clients concerned about their privacy and how DNA-testing companies deal with their information.
