23andMe Reaches Settlement in Data Breach Class Actions Under Illinois Genetic Information Privacy Act

Genetic testing company 23andMe has reached a settlement in principle to resolve numerous class actions resulting from a data breach last year, according to recent disclosures by attorneys at a court hearing in San Francisco. While the specific details and financial terms of the settlement have yet to be revealed, 23andMe’s annual report indicated the company had $216 million in cash on hand. During a prior hearing, it was noted that class members, who might have claimed up to $3 billion in damages under the Illinois Genetic Information Privacy Act, were expected to receive a substantial reduction in monetary compensation. The settlement may include measures such as dark web monitoring as part of injunctive relief. For further details, you can read the original report here.