St. Jude Medical Inc. on Friday denied allegations made by a research firm that its pacemakers and other heart devices were vulnerable to hacking and other cybersecurity threats. “St. Jude Medical stands behind the security and safety of our devices as confirmed by independent third parties and supported through our regulatory submissions,” the company said Friday.
The medical-device maker's comments follow a report by Muddy Waters Capital LLC, which is known for shorting stocks, or betting that a company's share price will fall. Muddy Waters has said it has a short position in St. Jude.
Read Full Article »