as mentioned in threatpost
Researchers: MedSec, Muddy Waters Set Bad Precedent With St. Jude Medical Short
Researchers: MedSec, Muddy Waters Set Bad Precedent With St. Jude Medical Short
Security researchers warn mixing vulnerability disclosures with stock market bets sets a troubling precedent that erodes confidence in the relationship between businesses and white hat hackers who help uncover threats.Researchers are responding to the unprecedented partnership between security research firm MedSec and investment research outfit Muddy Waters LLC.Last week, Muddy Waters released a scathing report based on MedSec research calling into question the safety of pacemakers and heart monitoring equipment made by St. Jude Medical.
furthermore techdirt
Security Startup MedSec Shorts St. Jude Medical Stock To Punish It For Flimsy Pacemaker Security
Security Startup MedSec Shorts St. Jude Medical Stock To Punish It For Flimsy Pacemaker Security
"As far as we can tell, St. Jude Medical has done absolutely nothing to even meet minimum cybersecurity standards, in comparison to the other manufacturers we looked at that have made efforts," Bone said.There are steps St. Jude can take relatively quickly to protect patients, including changing the programming of implanted pacemakers and defibrillators through a method that would involve a doctor's visit, she said."We were worried that they would sweep this under the rug or we would find ourselves in some sort of a hush litigation situation where patients were unaware of the risks they were facing," said Bone, an experienced security researcher and the former head of risk management for Bloomberg LP, the parent of Bloomberg News.
in the same way startribune
St. Jude Medical fires back at short seller over device claims
St. Jude Medical fires back at short seller over device claims
Recent claims about hackers being able to remotely shut down pacemakers and defibrillators from St. Jude Medical don't appear supported by evidence offered so far, an independent analysis has found.The analysis by researchers at the University of Michigan on Tuesday came as St. Jude Medical Chief Executive Michael Rousseau addressed for the first time the allegations by short-selling firm Muddy Waters Capital LLC."We want our patients to know that they can feel secure about the cybersecurity protections in place on our devices," Rousseau said in a news release Tuesday.
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