Bankrupt Firm Plans to Use the Settlement Money to Pay Off Cyber Claims. As part of its ongoing Chapter 11 bankruptcy proceedings, 23andMe Holding Co. – now named Chrome Holding – has reached a settlement with its cyber insurers for the carriers to buy back $16.5 million of the consumer genetics testing firm’s unused cyber policy. What will the company do with the funds?
First seen on govinfosecurity.com
Jump to article: www.govinfosecurity.com/23andme-to-get-165m-in-unused-cyber-insurance-a-30209
