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:
- JetBrains denies being involved in SolarWinds hack
January 6, 2021
Czech software development firm JetBrains published a statement today denying reports from the New York Times and the Wall Street Journal claiming that JetBrains is under investigation for possibly being involved in the SolarWinds hack that impacted thousands of companies across the globe. The reports, citing government sources, said that US officials are looking at a ...
- Microsoft Caught Up in SolarWinds Spy Effort, Joining Federal Agencies
December 18, 2020
Microsoft has become the latest victim of the ever-widening SolarWinds-driven cyberattack that has impacted rafts of federal agencies and tech targets. Its president, Brad Smith, warned late Thursday to expect many more victims to come to light as investigations continue. Adversaries were able to use SolarWinds’ Orion network management platform to infect users with a stealth ...
- APT10: Japan-Linked Organizations Targeted in Long-Running and Sophisticated Attack Campaign
November 17, 2020
A large-scale attack campaign is targeting multiple Japanese companies, including subsidiaries located in as many as 17 regions around the globe in a likely intelligence-gathering operation. Companies in multiple sectors are targeted in this campaign, including those operating in the automotive, pharmaceutical, and engineering sector, as well as managed service providers (MSPs). The scale and sophistication of ...
- Microsoft Patch Tuesday Update Fixes 17 Critical Bugs
November 10, 2020
Microsoft’s November Patch Tuesday roundup of security fixes tackled an unusually large crop of remote code execution (RCE) bugs. Twelve of Microsoft’s 17 critical patches were tied to RCE bugs. In all, 112 vulnerabilities were patched by Microsoft, with 93 rated important, and two rated low in severity. Tracked as CVE-2020-17087, one Windows kernel local elevation ...
- Emotet malware now wants you to upgrade Microsoft Word
October 24, 2020
Emotet switched to a new template this week that pretends to be a Microsoft Office message stating that Microsoft Word needs to be updated to add a new feature. Emotet is a malware infection that spreads through emails containing Word documents with malicious macros. When opening these documents, their contents will try to trick the user ...
- Phishing Attack Targets Office 365 Users
October 22, 2020
Researchers are warning of a phishing campaign that pretends to be an automated message from Microsoft Teams. In reality, the attack aims to steal Office 365 recipients’ login credentials. Teams is Microsoft’s popular collaboration tool, which has particularly risen in popularity among remote workforces during the pandemic – making it an attractive brand for attackers to ...