In a move to reiterate its “ongoing commitment” towards patient care, St. Jude Medical Inc. has announced plans for a Cyber Security Medical Advisory Board which will handle all issues related to cybersecurity standards of its medical devices, reports Reuters. This is on the back of charges leveled against the company that its heart devices were vulnerable to fatal cyberattacks.
Short-seller Muddy Waters and cyber firm MedSec Holdings had made these allegations some months ago and said as a result they had created shorts in the company’s stocks expecting it to fall. This prompted the US FDA to launch a probe.
The proposed panel will work in tandem with the company’s technology experts and external researchers to ensure safety of its devices, said Mark Carlson of St. Jude.
Read details on Reuters.