In recent years, Microsoft has been hit with a series of hacks that have exposed both corporate and government customers, Andrew Martin and Dina Bass of Bloomberg says. Earlier this month, the U.S. Cyber Safety Review Board issued a report documenting Microsoft’s inability to stop hackers tied to the Chinese government. The company has also recently pledged an ambitious security overhaul, working to address cloud vulnerabilities and enforce multifactor authentication for employees.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MSFT:
- Microsoft or Intel: Morgan Stanley Selects the Superior Tech Stock to Buy
- Hong Kong Stocks: CMB Bullish on NetEase’s Renewed Deal With Blizzard
- Microsoft (NASDAQ:MSFT)-Backed Rubrik Aims to Raise $713M with IPO
- Netflix stock deserves place in Magnificent Seven, Barron’s says
- Opening Day: Reddit, Astera brace for Street opinions after hot IPOs