
https://gizmodo.com/23andmes-meltdown-wa...2000580301
INTRO: The DNA testing company 23andMe is circling the drain, and it’s about damn time.
Earlier this week, 23andMe officially filed for Chapter 11 bankruptcy just as its CEO Anne Wojcicki stepped down from the position—the latest humiliations for a formerly thriving company once valued at $6 billion. Though it’s still possible that some version will outlast this financial turmoil, its days as a genetic testing juggernaut appear to be firmly over.
Frankly, given the many mistakes and misleading promises 23andMe and similar companies have made throughout the years, it’s a well-deserved fate.
Much attention has rightly been paid to the company’s abysmal handling of its customers’ data. Starting in April 2023, hackers gained access to the personal information of nearly 7 million customers, more than half of the company’s customers (the initial breach affected 14,000 accounts, which the hackers then used to access information from many others). Though the hackers weren’t directly privy to people’s DNA records, they were able to obtain names, birth years, and family tree information.
It took five months for the company to even notice the hack, and two months before it publicly admitted to the total scale of the breach. Along the way, the company attempted to lay the blame at its customers’ feet, scolding them for recycling passwords. To be clear, you should never reuse passwords—but the companies we trust with our data also have a responsibility to keep it secure... (MORE - details)
INTRO: The DNA testing company 23andMe is circling the drain, and it’s about damn time.
Earlier this week, 23andMe officially filed for Chapter 11 bankruptcy just as its CEO Anne Wojcicki stepped down from the position—the latest humiliations for a formerly thriving company once valued at $6 billion. Though it’s still possible that some version will outlast this financial turmoil, its days as a genetic testing juggernaut appear to be firmly over.
Frankly, given the many mistakes and misleading promises 23andMe and similar companies have made throughout the years, it’s a well-deserved fate.
Much attention has rightly been paid to the company’s abysmal handling of its customers’ data. Starting in April 2023, hackers gained access to the personal information of nearly 7 million customers, more than half of the company’s customers (the initial breach affected 14,000 accounts, which the hackers then used to access information from many others). Though the hackers weren’t directly privy to people’s DNA records, they were able to obtain names, birth years, and family tree information.
It took five months for the company to even notice the hack, and two months before it publicly admitted to the total scale of the breach. Along the way, the company attempted to lay the blame at its customers’ feet, scolding them for recycling passwords. To be clear, you should never reuse passwords—but the companies we trust with our data also have a responsibility to keep it secure... (MORE - details)