A Missouri bankruptcy court administrator approved a $46.8 million settlement fund for victims of the 2023 23andMe data breach, which affected about 7 million customers and exposed personal information on the dark web. The settlement will distribute $32.5 million to victims while more than $14 million will go to Kroll, with payouts based on the severity of each claimant’s harm. #23andMe #Kroll #ChromeHoldingCo #AnneWojcicki
Keypoints
- A court approved a $46.8 million settlement for victims of the 23andMe breach.
- About 7 million customers had data stolen starting in April 2023.
- More than 14 million dollars of the fund will pay Kroll as claims administrator.
- Claimants can receive up to $10,000 depending on the severity of their losses.
- 23andMe later filed for bankruptcy as Chrome Holding Co. and liquidated most assets.
Read More: https://therecord.media/bankruptcy-admin-approves-settlement-for-23andme-breach-victims