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April 30, 2024
Microsoft is "doubling down" on cybersecurity after China, Russia hacks, CEO says
Summary
Microsoft CEO Satya Nadella emphasized the company's intensified focus on cybersecurity during a recent earnings call, highlighting a strategic shift to prioritize security due to growing concerns after several high-profile cyberattacks on its products. This comes in response to both a U.S. Cyber Safety Review Board report criticizing Microsoft's vulnerability to a Chinese espionage effort and internal adjustments following a Russian email hack. Despite these challenges, Microsoft reported a robust fiscal quarter, with significant revenue growth driven by its cloud business and AI developments, maintaining its position as a leading cloud vendor for the federal government.
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