Remember how your mother and I always use to say, “if it isn’t broken, don’t fit ix?” Well, about two years ago, the United States Postal Service (USPS) thought it was high-time to spice things up a bit. With the advent of powerhouse shipping companies like UPS (UPS), and FedEx (FDX), coupled with the invention of email, the USPS needed something sleek, something sexy to recapture the attention of American consumers and retired stamp collectors. Well, one thing led to another and USPS unveiled a service called “Informed Delivery,” which scans the outside of your mail and emails you images each morning before the mail is delivered. To loosely reference a quote from one of my favorite films, it was the mail service we deserved, but not the one we needed right then and there.
Two years after “Informed Delivery” was rolled out, an authentication weakness in a USPS application program interface, or API, resulted in the information of 60 million users being exposed, according to TechCrunch on Monday. The specific malfunctioning API was the USPS’ “Informed Visibility” which, according to the Postal Service, is designed to let businesses, advertisers and others “make better business decisions by providing them with access to near-real-time tracking data” for mail campaigns. Several media outlets reported that the security flaw from the “Informed Delivery” service lets any user in the network search and gather information on any of 60 million users, including email addresses, phone numbers, passwords, and more.
The hole in the USPS API was discovered by an anonymous researcher who allegedly reported the issue to the mail distribution department several times in the last year. It wasn’t until Brian Krebs, a cybersecurity expert and contributor for the Washington Post, pressed USPS answers that they commented on the data exposure:
“Computer networks are constantly under attack from criminals who try to exploit vulnerabilities to illegally obtain information. Similar to other companies, the Postal Service’s Information Security program uses industry best practices to constantly monitor our network for suspicious activity…
…Any information suggesting criminals have tried to exploit potential vulnerabilities in our network is taken very seriously. Out of an abundance of caution, the Postal Service is further investigating to ensure that anyone who may have sought to access our systems inappropriately is pursued to the fullest extent of the law.”
–USPS Statement Responding to Data Breach
The U.S. Postal Service has had a more difficult year than most. Back in August, the USPS was held responsible for accidentally leaking an unredacted copy of a congressional candidate’s personal security file to a Republican super PAC. Abigail Spanberger was caucusing to be Virginia’s Democratic candidate for Congress when the Postal Service unintentionally released her federal security clearance application from before she became a CIA operative. According to a Fortune piece released at the time, the “SF86” form contained highly personal information about Spanberger, including her social security number and medical records. The Postal Service publicly admitted responsibility in a statement given to The New York Times. A USPS spokesperson said that “full responsibility for this unfortunate error” would be taken and “immediate steps” would be put in place to ensure that this would never happen again.
The super PAC accused of illegally acquiring Spanberger’s documents, affiliated with House Speaker Paul Ryan, claimed they attained the documents through a standard Freedom of Information Act (FOIA) request requesting information from the National Personnel Records Center, and continued to accuse Spanberger of only reacting because “official government documents showed a past employer she didn’t want voters to know about.” Fortune reported that representatives from the super PAC were referring to the fact that Spanberger once worked as a substitute teacher at an Islamic school in Virginia.
For countless generations, the U.S. Postal Service has served the integral purpose of connecting people via written correspondence and delivering of parcels/packages, but as the days of snail mail come to a close, I offer my same sentiments to the USPS, if it wasn’t broken, you had no business trying to fix it.
A Growing Need For Security Solutions Puts Sector Stocks On Watch
With recent growing concerns in countries abroad, many people around the world are beginning to feel uneasy. From degenerating relationships between the US and China or recent events in the Middle East, one thing is for sure, the world is as dangerous as ever.
Technological advancements have become the thing to strive for in recent years. This is blatantly evident in the growth of big technology stocks like Amazon. This is where defense companies are failing to adjust which is making room for new defense and security players.
These types of security tech stocks are relatively new and have a large upside that established players do not have. Here are 3 companies looking to make a mark on the defense sector and the world:
Security Solution Stocks To Watch: Liberty Defense Holdings Ltd. (LDDFF) (SCAN)
One company re-defining what is means to be safe and secure is Liberty Defense Holdings Ltd. (LDDFF) (SCAN). This company has developed a new security technology product known as HEXWAVE. This is an active 3D imaging technology that can detect metallic and non-metallic threats like bombs or guns. Furthermore, the technology does not stop improving, it has AI machine learning capabilities that only enhance the product’s value.
Liberty has put in 5 years of research and development for its HEXWAVE product. On September 25th, the company finally announced that it had completed its HEXWAVE prototype. These 5 years are leading up to real-life application testing for the product.
This is why Liberty has been extremely active in perusing partnerships with stadiums, airports, parks, etc. to test its product. The amount of potential testing locations is large thanks to HEXWAVE being able to operate indoors and outdoors.
Since the announcement of the prototype, more collaborations and partnerships have been formed to test HEXWAVE. Liberty plans on testing it at Canadas largest airport, Toronto Pearson International and the Metro Toronto Convention Centre. These new testing sites will provide new situations for the product and will demonstrate its ability to handle large numbers of people.
Security Solution Stocks To Watch: Patriot One Technologies Inc. (PTOTF) (PAT)
Another company looking to change the security sector’s landscape is Patriot One Technologies Inc. (PTOTF) (PAT). This company develops security solutions to address the growing problem of active threats. To do this, Patriot One developed its PATSCAN technology product. PATSCAN is a weapon detection solution and is the first cost-effective solution for active shooter prevention.
The company recently gave investors insight into the company’s developments in its latest corporate update. In the last quarter, Patriot One partnered with Johnson Controls International, acquired XTRACT Technologies Inc., and appointed Robert Harward Jr to its Senior Advisory Board. Not included in that list was Patriot’s selection to be used in Bleutech Park LV, a Smart City project.
Security Solution Stocks To Watch: Kratos Defense & Security Solutions Inc. (KTOS)
Not every new company is changing defense through weapons detection. Kratos Defense & Security Solutions Inc. (KTOS) develops unmanned systems, satellite communications, cybersecurity, missile defense, and combat systems. Through these programs, the company has put itself in front of the Department of Defense’s Third Offset Strategy.
Kratos Defense has been extremely on fire these past 2 weeks. Here is just a taste of what the company has been doing. Kratos received a $3.3 million contract to produce 10 jet target drone aircraft and received another $3.6 million for a contract extension.
In addition, the company received another $2 million to support its C5ISR combat system program. In terms of product development, Kratos’ XQ-58A Valkyrie completed Flight 3 and received 100% of test points.
Disclaimer: Pursuant to an agreement between MIDAM VENTURES, LLC and Liberty Defense Holdings Inc. Midam was hired for a period from 06/1/2019 – 9/30/2019NOW EXTENDED TO 10/31/2019 to publicly disseminate information about Liberty Defense Holdings Inc. including on the Website and other media including Facebook and Twitter. We were paid $250,000 (CASH) for & were paid “0” shares of restricted common shares. We may buy or sell additional shares of Liberty Defense Holdings Inc. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. For previous compensation see our FULL DISCLAIMER HERE
Stock Price Newsletter – 10-21-2019
Are These Companies On Your Stocks To Watch List This Week?
The biotechnology sector has been on a mini-bull run this month. In fact, for the 7th consecutive trading day on Friday, the Biotech ETF – IBB- made yet another new high during that period. I’m not talking about all-time highs or 52-week highs. I’m talking about the fact that for 7 straight trading sessions, the IBB booked a higher high than its previous session. Will That Continue Today?
Netflix (NFLX) Stock Price Soars On Robust Q3 Earnings: What’s Next?
Netflix Inc (NASDAQ:NFLX) is quite impressed with its third-quarter earnings. The unveiled report indicates a 7% rise in the pre-market session. This time around, it was a case scenario of mixed results. What could this mean for Netflix in the future?
1 Biotech Stock is Positioning Itself for Success
Biotech has always been one of the best performing sectors in the market. A number of penny stocks, as well as NASDAQ / NYSE, listed biotech stocks have produced life-changing returns because of their treatments and opportunities. For this reason 1 Biotech Stock remains in Focus.
Are These Companies On Your Stocks To Watch List This Week?
The biotechnology sector has been on a mini-bull run this month. In fact, for the 7th consecutive trading day on Friday, the Biotech ETF – IBB- made yet another new high during that period. I’m not talking about all-time highs or 52-week highs. I’m talking about the fact that for 7 straight trading sessions, the IBB booked a higher high than its previous session.
So what could this mean for the sector? Obviously today (10-21) will dictate the initial pace for the new week. However, thanks to this common trend, it can be suggested that biotech is in a mini-bull rally. Given that, people are starting to turn their heads toward the sector and healthcare as a whole. In addition to that, small caps have been in their own micro-rally during this same period.
If you look at the Russell 2000 Small-Cap ETF – IWM – you’ll notice a similar uptick. Given this information, here’s a look at 3 small-cap biotech companies that may warrant a closer look after recent developments.
Biotech Stock To Watch #1: GT Biopharma Inc. (GTBP)
For most of October, GT Biopharma (GTBP) has been in a relatively consistent uptrend. Starting on October 4, GTBP stock has managed to jump from $0.125 to highs of $0.1995 last week. Shares closed the week at $0.16 on October 18. So what’s happened with GT Biopharma this month?
The company may have benefited from the attention being placed on companies with targeted therapies. Specifically, GT Biopharma (GTBP) announced that Tim Schacker, M.D., Jeffrey S. Miller, M.D., and their colleagues at the University of Minnesota presented data during a poster session. The presentation was held at the 18th meeting of the Society for Natural Immunity in Luxembourg discussing their design of an HIV-TriKE™ containing an antigen-binding fragment from a broadly neutralizing antibody targeting the HIV-Env protein.
But it wasn’t just a presentation alone; GT Biopharma’s results could be something raising eyebrows and here’s why. Despite the use of anti-retroviral drugs, infected individuals retain reservoirs of latent HIV-infected cells that, upon cessation of antiretroviral drug therapy, can reactivate and re-establish an active HIV infection.
However, Research findings from Dr. Schacker’s and Dr. Miller’s laboratories show enhanced NK cell cytokine production and the killing of infected targets expressing HIV-Env when incubated with the HIV-TriKE™. Since the publication of these results, GTBP has been in this previously mentioned uptrend. Can it continue this week?
Biotech Stock To Watch #2: Sienna Biopharmaceuticals, Inc. (SNNA)
Second, on this list of biotech stocks, Sienna Biopharmaceuticals, Inc. (SNNA) has found a more bullish trend to close out last week. This clinical-stage biopharmaceutical company recently announced that it has filed a Premarket Notification 510(k) submission to the FDA. This was for its SNA-001, a topical pre-treatment to standard laser devices to remove unwanted light hair. Sienna has also received an acknowledgement from FDA that the submission has been accepted.
Why is this important to know? The purpose of the 510(k) notification is to allow for commercial use of SNA-001, in conjunction with an 810 nm Diode laser, for the removal of unwanted white, gray, blonde, light red and light brown hair in women or men. According to the company, people with white, gray, blonde and red hair, for whom lasers are ineffective, have generally been limited to using waxing and razors to remove their unwanted light hair.
Biotech Stock To Watch #3: Aevi Genomic Medicine, Inc. (GNMX)
The third small-cap biotech stock on this list is Aevi Genomic Medicine, Inc. (GNMX). Late Friday, shares of this biotech penny stock saw a second surge that triggered a bullish close to finish the week. The company focuses on genomic medicine to translate genetic discoveries into novel therapies. Last week was a pivotal week for the company.
Aevi announced that the Nasdaq Hearings Panel has agreed to the transfer of the Company’s shares to the Nasdaq Capital Market. On top of that, it granted the Company until February 3, 2020, to gain and evidence compliance of the Nasdaq Capital Market continued listing requirements.
In order to meet the Nasdaq Capital Market continued listing requirements, the Company must demonstrate a closing bid price of at least $1.00 for 10 prior consecutive trading days and both publicly announce and inform the Nasdaq Hearings Panel that the Company has stockholders’ equity greater than $2.5 million on or before February 3, 2020. Will Friday’s trend continue this week?
Pursuant to an agreement between Midam Ventures LLC and GT Biopharma (GTBP), Midam has been paid $100,000 for a period from October 1, 2019, to November 15, 2019. We may buy or sell additional shares of GT Biopharma (GTBP) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about GT Biopharma (GTBP). Click Here For Full Disclaimer.
Join Our Newsletter
Get stock alerts, news & trending stock alerts straight to your inbox!
We keep all user information pricate & promise to never spam.*
Search Stock Price (StockPrice.com)
Featured7 days ago
What Curing Cancer & HIV Could Mean for This Company, Its Investors & The World!
Biotechnology2 weeks ago
Biotech Stocks In Focus Amid New Wave Of Drug Delivery
Biotechnology1 week ago
3 Top Biotech Stocks To Monitor In October
Biotechnology6 days ago
Healthcare Stocks To Watch Amid Bullish Earnings
Biotechnology2 weeks ago
Top Biotechnology Stocks To Watch After Latest News
Biotechnology5 days ago
Biotech Stocks To As Sector ETF’s Climb Higher
Biotechnology4 days ago
Biotech ETF’s Just Hit New Highs: 3 Stocks To Watch
Biotechnology2 weeks ago
Biotechnology Stocks Gaining Ground In October; What To Watch