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Lemonade Denies “Unforgivably Negligent” Security Gaffe
Insurtech company Lemonade has refuted claims put forward by a short seller that it has an “unforgivably negligent security flaw” on its website. Muddy Waters Research LLC alleges that a vulnerability exists on Lemonade’s website that could potentially expose customers’ personally identifiable information. The investor claims that it was able to log in to and edit Lemonade customer accounts without having to enter any user credentials. In an open letter to Lemonade CEO Dan Schreiber dated May 13, Muddy Waters…
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