Privacy Concerns Rise as 23andMe Files for Bankruptcy

New York Attorney General Letitia James has advised 23andMe users to secure or delete their accounts after the genetic testing company filed for bankruptcy. Concerns over data privacy have surged, as users fear future misuse by potential buyers. Shares of 23andMe plummeted following the bankruptcy news.

New York Attorney General Letitia James has issued a public warning, urging 23andMe customers to delete or secure their accounts after the company filed for bankruptcy due to dwindling demand for its genetic ancestry tests.

The bankruptcy declaration has intensified privacy concerns among users, prompting many to take immediate action to protect their genetic information. The company's shares plummeted 59% on Monday, closing at 63 cents.

Cybersecurity experts highlight the risk, labeling the vast genetic database of over 15 million customers as a lucrative digital asset. As skepticism grows, users are actively sharing account deletion guidelines on social media.

(With inputs from agencies.)