Jun 172016

William Alden reports:

Palantir Technologies has cultivated a reputation as perhaps the most formidable data analysis firm in Silicon Valley, doing secretive work for defense and intelligence agencies as well as Wall Street giants. But when Palantir hired professional hackers to test the security of its own information systems late last year, the hackers found gaping holes that left data about customers exposed.

Palantir, valued at $20 billion, prides itself on an ability to guard important secrets, both its own and those entrusted to it by clients. But after being brought in to try to infiltrate these digital defenses, the cybersecurity firm Veris Group concluded that even a low-level breach would allow hackers to gain wide-ranging and privileged access to the Palantir network, likely leading to the “compromise of critical systems and sensitive data, including customer-specific information.”

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