After a data violation and bankruptcy, the genetic testing service 23andme will soon be in different hands. On Monday, biotechnology company Regenronon announced that IT Top bid in a bankrupt auction for 23andmeThe acquisition of $ 256 million is expected to close in the third quarter of 2025, 23andme will become Regenron’s subsidiary, but will continue its current operations and business.
Also: How to remove your 23andme data and why you should do it now
The deal arrives at a rocky time for 23andme. At the end of 2023, the company revealed that it was About 14,000 accounts compromised by a data violationUsing credential stuffing to obtain access, the attackers were able to see DNA relative profiles of 5.5 million people. The compromised data included performance names, compromised accounts, locations, birth places of ancestors, year of birth, percentage DNA matches and family trees of 1.4 million people.
In response, a group of class action cases rose, alleging that 23andme did not effectively protect customer data and it failed to inform users with Chinese or Ashkeenzi Jewish dynasty that their information was targeted and shared on the dark web. With a successful suit, the affected customers can now claim to claim their share of a fine of $ 30 million.
After the sale of trial and decline, 23andme filed for bankruptcy in this last March. Both Breach and Bankruptcy feared what happens with personal genetic data that if the company goes up the stomach. At that time, California Attorney General Rob Bonta also advised customers to advise to remove their data due to their concerns, where it could end.
Well, now when 23andme will have a new parents, does it mean that the data will be in safe hands? In Its press releaseRegenronon covered his expertise in biotechnology and DNA research and promised to take necessary measures to protect customer data.
Also: You can get $ 10K from 23andme data breech – how to claim today
The company said, “Regoronon has intended to ensure compliance with the consumer privacy policies of 23andme and the treatment of customer data,” the company said. “As a successful bidder, Rejoronon is ready to prepare for review by the desired use of customer data and the privacy programs and security controls appointed by a court, independent customer privacy Lokpal and other interested parties.”
Genetic testing services such as ancestry.com and 23andme have introduced a quick and easy way to examine the origin of their family. Just spit into a tube, send to the kit, and wait for the results. You will not only learn about your offspring, but will also get a closest match on your family tree.
Looks great. But those Pesky issues of privacy and security are. A company can promise to keep your data private and preserved. But an internal mistake can give rise to a destructive data violation that compromises your genetic information and trading it on the dark web.
Also: Best Password Manager: Expert Testing
Do you mean that you should never use DNA test service? It is up to you to decide. But if you establish an account with any such service, make sure that you protect it from your own safety measures. This means a strong, complex and unique password supported by multi-factor authentication.
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