01-09-2016 20:41 via feedproxy.google.com

Wall Street is getting into bed with hackers in a lucrative new arrangement

Cybersecurity researchers have always had an unspoken truce with companies. When hackers find a problem, they typically report it to the company and give them a chance to fix it before going public with it. This often leads to ‘bounties’ the company pays out for spotting the vulnerability, although not always. A cybersecurity firm called MedSec just found a new way to monetize its research — Wall Street. MedSec is foregoing the traditional approach by selling information
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