23andMe Resolves Data Breach Lawsuit with $30 Million Settlement

Reported 26 days ago

23andMe has agreed to pay $30 million and provide three years of security monitoring to settle a lawsuit that accused the company of failing to protect 6.9 million customers' personal information in a data breach. This settlement addresses claims related to targeted hacking of customers with specific ancestry, and it awaits judicial approval. The breach, which occurred in 2023, exposed sensitive data, leading to significant financial implications for the company, which has struggled with low stock prices.

Source: YAHOO

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