financetom
Business
financetom
/
Business
/
Update: 23andMe Under Scrutiny by UK, Canadian Privacy Regulators Over October Data Breach
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: 23andMe Under Scrutiny by UK, Canadian Privacy Regulators Over October Data Breach
Jun 10, 2024 11:04 AM

01:43 PM EDT, 06/10/2024 (MT Newswires) -- (Updates with company comment in the third paragraph.)

23andMe (ME) is facing a probe by the UK and Canadian regulators over a data breach in October that may have exposed the personal information of its customers.

The UK's Information Commissioner's Office said Monday it launched the joint investigation with the Office of the Privacy Commissioner of Canada. The probe aims to assess the scope of leaked information, its potential impact on the affected people, and whether 23andMe had enough data protection measures and complied with data protection laws in notifying authorities, the regulator said.

"23andMe acknowledges the joint investigation announced by the Privacy Commissioner of Canada and the UK Information Commissioner," a company spokesperson said in an email to MT Newswires. "We intend to cooperate with these regulators' reasonable requests relating to the credential stuffing attack discovered in October 2023."

The company's shares fell 2.9% in recent trading Monday.

Price: 0.39, Change: -0.01, Percent Change: -2.94

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved