Palantir Rebuts Claims of Security Flaws After Stock Falls

Palantir Technologies Inc.’s stock, war area communication system, defense technology company Anduril Industries Inc. He fell more than 8% on Friday after a report that he was a serious flawed and said that both companies were up to date and wrong.

Palantir said in a statement on Friday, said the problems in the report published by Reuters have already been discussed. The report focused on a September army note that expressed concerns about the NGC2 prototype system, which represented Anduril’s new generation command and control, and the subcontractors were palant and contained Microsoft Corp. The problems were “immediately mitigated,” said Palantir, “There was no security vulnerability on the Palander platform.”

Friday’s stock movement has been the biggest decline for Palantir since August after a remarkable upward orbit for the stock that has won more than 2,000% in the last three years. Other technology companies shifted on Friday after the White House’s threats to dismiss government workers.

In a story published by the website breaking defense this week on the army report, Lieutenant General Jeth Rey stressed that finding security vulnerabilities is an important part of integrating advanced technology. “This is a new talent and we found a risk and we immediately took it out of the door,” he said.

According to the army, the grade dated September 5, which was reported by breaking the Defense and Reuters, was vulnerable with “Internal Threats, Foreign Attacks and Data Sour”, with the critical deficiencies in basic security controls, processes and governance ”.

Anduril said in a statement, the problems were discussed. “The last report reflects an old instant image, not the current situation of the program,” the company said. “NGC2 is progressing in the normal process of repetitive development, we find the risks early, we consider it quickly and we harden the system before going to the field.”

Army representatives did not respond immediately to the requests for comments.

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