MedSec, a new medical research firm with ties to Philadelphia-area political figures, filed papers last week doubling down on its controversial claim that a substantial number of St. Jude Medical’s heart devices are vulnerable to hackers
In an Oct. 24 filing, the company cited more evidence: a study by the Phoenix-based cyber security specialist Carl Livitt, who said hackers could cause St. Jude cardiac implants to stop working properly and deliver shocks to patients.
The statement is the latest barrage in what is shaping up to be a lengthy legal war. MedSec first criticized the safety of St. Jude’s devices in August. It acted in concert with Muddy Waters Capital, a California-based hedge fund that bet against the device maker’s stock even as St. Jude was in the midst of a merger with Abbott Laboratories.
St. Jude’s stock fell by more than 7 percent in two days and hasn’t rebounded much. Now the device maker is suing MedSec and Muddy Waters in federal court in Minnesota, maintaining that the defendants used junk science to scare patients and “gain a financial windfall.” For the full article click here
from hacker samurai http://ift.tt/2eqE5hp
via IFTTT
No comments:
Post a Comment