Microsoft is in hot water once again as the tech giant is still battling with Russian hackers who breached the email accounts of senior company executives back in November. The hackers, belonging to Russia’s SVR, used the data obtained in the intrusion to compromise source-code repositories and internal systems.
Not only Microsoft, but cloud-computing company Hewlett Packard Enterprise has also come forward as a victim of the SVR hacking. Microsoft has admitted that the ongoing hack has not been contained, raising concerns about national security implications.
Cybersecurity experts are expressing alarm over Microsoft’s handling of vulnerabilities and hacks, as the company has yet to determine if the incident will impact its finances. Microsoft cites an unprecedented global threat landscape as a reason for the uncertainty.
The hackers, known as Cozy Bear, are the same group behind the SolarWinds breach. Microsoft had previously claimed to have removed hackers’ access to compromised accounts in mid-January, but it seems the situation is far from over.
This disclosure from Microsoft comes after a new SEC rule took effect requiring companies to report breaches that could impact their business. The ongoing battle with Russian hackers underscores the importance of cybersecurity measures in today’s digital world.Stay tuned to Poh Diaries for more updates on this developing story.
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