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Tech
Pakistan’s MedIQ raises $1.8mn in pre-seed funding to energy healthtech for companies
Early on Tuesday final week, one of many main lights of Pakistan’s startup ecosystem grew to become the centre of an embarrassing however seemingly innocent hacking incident. At 12:01 PM within the afternoon a number of Bykea customers obtained a pop-up notification from the applying.
Hackers had breached a 3rd occasion software and despatched two obscene and abusive messages to customers as a nationwide app notification. The incident ignited a firestorm of jokes and mockery on social media, with rival firms becoming a member of in on the enjoyable. Bykea rapidly bounced again from the assault by the top of the day, and affirmed that no private information was leaked.
However this was not a joke. It was a not so nice journey down reminiscence lane for each customers and tech firms alike. Nevertheless, the incident did present that Bykea had realized from the errors of these earlier than them, by solely having an ancillary a part of their enterprise affected. Had they saved delicate person information on their app’s area and had that been compromised, the incident would’ve been much more critical. However what about different firms? Have they realized their classes too? And can they be as fortunate when hackers strike once more?
Let’s begin with what occurred at Bykea final Tuesday.
Envision this: you’re craving for a smooth new cellphone, however not like the remainder of the world, you may’t simply snag it on a month-to-month plan. No, you and I are pressured to confront the grim actuality of coughing up the total value upfront, or settling for a dinosaur. It’s onerous to shake off the nagging feeling that one thing’s amiss. Why are we being denied the identical privileges as others?
The bitter reality is that our trade is caught in a paradoxical scenario that echoes the infamous Prisoner’s Dilemma in recreation principle. This ageless enigma illustrates how rational decisions can result in catastrophic outcomes. It entails two prisoners, remoted and unable to speak. They’re confronted with a selection — cooperate or betray. Cooperation reaps the best reward, however betrayal is usually chosen. Right here’s the twist — appearing in their very own self-interests doesn’t produce the very best end result.
It’s the last word instance of how communication, relatively than isolation, can result in mutual advantages. This dilemma has confounded economists and philosophers for years. It’s arduous to discover a direct manifestation of this, however Revenue might need simply discovered one. And it could simply clarify why we are able to’t get a cellphone on a contract like our associates abroad.
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