23andMe customers rushed to delete their data this week, according to the BBC. The DNA-testing firm filed for Chapter 11 bankruptcy protection, prompting fears that their genetic and health information could be sold. The website initially experienced outages due to high traffic, causing login issues and delays for users. The company’s privacy policy states it will not voluntarily share data with insurers but notes that during bankruptcy or sale, customer information may be “accessed, sold or transferred.” Some customers remain skeptical that their data was truly deleted.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:0223andMe customers rushed to delete their data this week, according to the BBC.
00:06The DNA testing firm filed for Chapter 11 bankruptcy protection,
00:09prompting fears that their genetic and health information could be sold.
00:13The website initially experienced outages due to high traffic,
00:16causing login issues and delays for users.
00:18The company's privacy policy states it will not voluntarily share data with insurers,
00:23but notes that during bankruptcy or sale,
00:25customer information may be accessed, sold, or transferred.
00:28Some customers remained skeptical that their data was truly deleted.
00:31For all things money, visit Benzinga.com.