Subj : Microsoft CEO says it is "putting security above all else" in maj
To   : All
From : TechnologyDaily
Date : Fri Apr 26 2024 12:15:06

Microsoft CEO says it is "putting security above all else" in major refocus

Date:
Fri, 26 Apr 2024 11:00:00 +0000

Description:
Satya Nadella confirms Microsofts commitment to security in the wake of a 
series of high-profile attacks.

FULL STORY
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Microsoft CEO Satya Nadella has revealed plans for the tech giant would 
increase its commitment to security after being hit by a series of 
high-profile attacks in recent months, as well as a scathing report by the 
Cyber Safety Review Board (CSRB). 

According to its March 2024 report investigating a Summer 2023 attack, 
Microsoft made a series of avoidable errors, including failing to detect 
several compromises, the CSRB said. 

During the companys most recent earnings call, Nadella affirmed: We are 
doubling down on this very important work, putting security above all else  
before all other features and investments. Microsoft addresses cybersecurity 
concerns 

The bold statement marks a departure from the companys predominant focus on 
AI-driven growth. Microsofts cloud division now accounts for 57% of the 
companys entire revenue, as of last quarter. 

Its renewed commitment to safety and security addresses recent breaches, 
including the infiltration by the Russian state-sponsored hacking group 
Nobelium, and the Chinese hacking group Storm-0558. 

The CSRB report called for an immediate overhaul, demanding that Nadella and 
the Board of Directors take some responsibility for overseeing certain 
procedures. 

Nadella highlighted ongoing efforts to enhance protection while also 
bolstering threat monitoring and response capabilities. The company could 
also learn from its own AI tool , Copilot for Security, which promises to 
deliver actionable insights. 

Although Microsoft currently stands as the worlds most valuable company, with 
a market cap of $2.965 trillion, customer trust has shown signs of decline. 
The much-needed response will be closely watched not only by customers, but 
also stakeholders and the rest of the industry. 

Looking ahead, Nadella said: We are focused on making continuous progress 
across the six pillars of [Secure Future Initiative] as we protect tenants 
and isolate production systems, protect identities and secrets, protect 
networks, protect engineering systems, monitor and detect threats, and 
accelerate response and remediation. More from TechRadar Pro Protect your 
device with the best endpoint protection software Downloaded something dodgy? 
Weve rounded up the best malware removal Microsoft slammed over security 
flaws that led to Chinese attack on Exchange systems



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Link to news story:
https://www.techradar.com/pro/security/microsoft-ceo-says-it-is-putting-securi
ty-above-all-else-in-major-refocus


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