Key facts
- Victims of the 2023 23andMe data hack will receive $46.75 million in compensation.
- A California bankruptcy court judge ruled on the settlement.
- Chrome Holding, which acquired 23andMe's assets, must pay the settlement.
- The settlement is for victims' representatives.
Individuals affected by the 2023 data breach at genetics testing company 23andMe are set to receive $46.75 million in compensation. The settlement was approved by a California bankruptcy court judge, who ruled that Chrome Holding, the company that acquired 23andMe's assets, is responsible for paying the settlement amount. This decision offers a measure of financial restitution to the victims whose personal data was compromised in the breach.
The data breach, which occurred in 2023, exposed sensitive information of numerous 23andMe customers. The subsequent legal proceedings and bankruptcy court ruling have culminated in this settlement, aiming to address the harm caused to those affected. Chrome Holding's acquisition of 23andMe's assets places the financial obligation for the settlement on the acquiring entity.