23andMe bankruptcy draws investigation from House panel over data concerns

Summary: The House Oversight Committee is investigating the privacy and security risks arising from 23andMe’s bankruptcy, particularly regarding the potential transfer of sensitive personal data. Former CEO Anne Wojcicki has been asked to testify about these concerns at a hearing scheduled for May. Lawmakers emphasize that customers’ genetic data could be exploited for purposes such as insurance premiums and targeted advertising amidst growing fears about data misuse.

Affected: 23andMe

Keypoints :

• The House Oversight Committee raises concerns over the sale of customers’ genetic data during 23andMe’s bankruptcy.
• Chairman James Comer highlights potential risks from both foreign governments and domestic entities.
• Following a significant data breach, the implications for consumer privacy are under scrutiny, prompting calls for transparency and accountability.