The consumer-genomics company 23andMe just sold its biobank of customer genetic data to drugmaker Regeneron for $256 million.
Regeneron is to pay $256 million in cash to acquire “substantially all” of 23andMe’s assets, including its massive biobank of around 15 million customer genetic samples and data.
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A place to discuss privacy and freedom in the digital world.
Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.
In this community everyone is welcome to post links and discuss topics related to privacy.
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- If you have a question, please try searching for previous discussions, maybe it has already been answered
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By 2008 we were well into the “you should know better than give up personal data” era. That is no excuse. People are just stupid and don’t care.
There were all sorts of publications telling people to protect their personal information, online and in the meat world by 2001, let alone 2008.
I don’t want to victim blame, but going right into this with all the warnings seems pretty stupid to me.
Now what does suck, and horribly so, is that there should be nothing of value gained from that data: there should be laws against nearly everything they could use for corporate advantage, exploitation, identity, etc. With severe consequences.
That is the failure.
They used to tell us never tell anyone your name on the internet. This was in the 90s.
Well, yes, the sad reality is that very many people are rather stupid. This won’t change and we should treat it as a fact - people are always going to fall for schemes. I think the fact that they’re stupid doesn’t mean they deserve to be exploited, though. This is a failure of laws and regulations.
Agreed. And basically that is exactly what I said.