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Chapter 11 Data Breach Today's Popular Updates

Constangy, Brooks, Smith & Prophete, LLP

23andWho? The fate of your DNA data after the 23andMe bankruptcy

Consumers have been trading their DNA for a personal genetic history lesson with 23andMe since 2007. The company has since become extremely popular and has collected a trove of genetic information relating to more than 14...more

Troutman Pepper Locke

State AGs and the FTC Warn of 23andMe Risks Following Bankruptcy Announcement

Troutman Pepper Locke on

Several state attorneys general (AGs) and the Federal Trade Commission (FTC) have begun scrutinizing ancestry tracking company 23andMe following its recent announcement that it has filed for Chapter 11 bankruptcy. As part of...more

Epiq

The Importance of Data Security in Bankruptcy Claims

Epiq on

Data security is a major concern across virtually all areas of the legal profession particularly in 2024 thanks in part to a record-breaking number of cyber incidents last year that cost companies an average of $4.45 million...more

Pillsbury - Policyholder Pulse blog

From Data Breach to Bankruptcy – A Cautionary Tale for Those Without Cyber Insurance

A data breach may cost a company millions in recovery and liability damages, but rarely does a breach force a company into bankruptcy. However, a months-long data breach at American Medical Collection Agency (AMCA) in...more

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