"What tends to happen is somebody's opened a link or clicked on something in an email or on a website, probably quite innocently - and that's triggered an application, that encrypts your information, and won't let you access it unless you have the key. And of course in order to get the key you have to pay lots and lots of money to some nefarious outfit.
Numerous innovations have hit life science labs in the past decade, such as new techniques for designing DNA and editing genomes. Yet, researchers still rely on older tools — such as paper notebooks, Excel spreadsheets, and email — to manage data collected from those innovations. This means time is wasted organizing, finding, and duplicating information before even starting new experiments.
“There are other companies and hospitals working on ways to interpret the genome. However, no one that we are aware of is working on better ways to deliver and distribute the content necessary to make these interpretations happen. We’re the only ones focusing on making the jobs of developers easier in this field,” SolveBio’s CEO and co-founder Mark Kaganovich said in an email.