Microsoft has come under fire recently from both the U.S. government and rival companies for its failure to stop a Chinese hack of its systems last summer.
One change the tech giant is making in response: linking executive compensation more closely to cybersecurity. In April, a government review board described a hack of Microsoft last summer attributed to China as “preventable.” The U.S. Department of Homeland Security’s Cyber Safety Review Board pointed to “a cascade of errors” and a corporate culture at Microsoft “that deprioritized enterprise security investments and rigorous risk management.”
Read more…
Source: CNBC News
Related:
- An American Company Fears Its Windows Hacks Helped India Spy On China And Pakistan
September 17, 2021
Earlier this year, researchers at Russian cybersecurity firm Kaspersky witnessed a cyberespionage campaign targeting Microsoft Windows PCs at government and telecom entities in China and Pakistan. They began in June 2020 and continued through to April 2021. What piqued the researchers’ interest was the hacking software used by the digital spies, whom Kaspersky had dubbed ...
- Exploitation of the CVE-2021-40444 vulnerability in MSHTML
September 16, 2021
Last week, Microsoft reported the remote code execution vulnerability CVE-2021-40444 in the MSHTML browser engine. According to the company, this vulnerability has already been used in targeted attacks against Microsoft Office users. In attempt to exploit this vulnerability, attackers create a document with a specially-crafted object. If a user opens the document, MS Office will ...
- Hacker-made Linux Cobalt Strike beacon used in ongoing attacks
September 14, 2021
An unofficial Cobalt Strike Beacon Linux version made by unknown threat actors from scratch has been spotted by security researchers while actively used in attacks targeting organizations worldwide. Cobalt Strike is a legitimate penetration testing tool designed as an attack framework for red teams (groups of security professionals who act as attackers on their own org’s ...
- Microsoft Warns: Another Unpatched PrintNightmare Zero-Day
August 12, 2021
One day after dropping its scheduled August Patch Tuesday update, Microsoft issued a warning about yet another unpatched privilege escalation/remote code-execution (RCE) vulnerability in the Windows Print Spooler. The zero-day bug, tracked as CVE-2021-36958, carries a CVSS vulnerability-severity scale rating of 7.3, meaning that it’s rated as “important.” Microsoft said that it allows for a local ...
- Actively Exploited Windows Zero-Day Gets a Patch
August 10, 2021
Microsoft has patched 51 security vulnerabilities in its scheduled August Patch Tuesday update, including seven critical bugs, two issues that were publicly disclosed but unpatched until now, and one that’s listed as a zero-day that has been exploited in the wild. Of note, there are 17 elevation-of-privilege (EoP) vulnerabilities, 13 remote code-execution (RCE) issues, eight information-disclosure ...
- Even after Emotet takedown, Office docs deliver 43% of all malware downloads now
July 23, 2021
Malware delivered over the cloud increased by 68% in Q2, according to data from cybersecurity firm Netskope. The company released the fifth edition of its Cloud and Threat Report that covers the cloud data risks, threats and trends they see throughout the quarter. The report noted that cloud storage apps account for more than 66% of cloud ...