Overview
- California Attorney General Rob Bonta has issued a consumer alert warning about 23andMe's financial instability and urging customers to safeguard their genetic data.
- The company has publicly disclosed in securities filings that there is substantial doubt about its ability to remain operational.
- Customers are encouraged to delete their genetic data and revoke research consent through their account settings, as outlined by California's privacy laws.
- 23andMe has faced significant challenges, including a high-profile data breach, layoffs affecting 40% of its workforce, and the closure of its therapeutics division.
- Despite its financial troubles, 23andMe asserts its commitment to customer privacy and compliance with state and federal privacy regulations.