Jon Clay, vice president of threat intelligence at cybersecurity firm Trend Micro, says consumers of 23andMe do need to view the bankruptcy as a threat. In any sale process, if the data is not transferred and guarded in the most secure manner possible, "it is at risk of being used by malicious actors for a number of nefarious purposes," he said.
Clay thinks 23andMe's data is incredibly valuable to cybercriminals — not just because it's permanent and personally identifiable, but also because it can be exploited for identity theft, blackmail, or even medical fraud.