U.S. State Department Detected Anomalous Activity In June, Immediately Notified Microsoft; U.S. State Dept Says Have No Reason To Doubt Microsoft's Attribution To Chinese State-Linked Hackers, Declined To Attribute Attack
Portfolio Pulse from Benzinga Newsdesk
The U.S. State Department reported anomalous activity in June and immediately notified Microsoft. The Department has no reason to doubt Microsoft's attribution of the activity to Chinese state-linked hackers, but declined to attribute the attack.
July 12, 2023 | 6:44 pm
News sentiment analysis
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NEGATIVE IMPACT
The attribution of the anomalous activity to Chinese state-linked hackers could potentially affect the perception of Chinese companies, including those in the FXI ETF.
The news indirectly involves Chinese companies, as the hackers were linked to the Chinese state. This could potentially affect the perception of Chinese companies, including those in the FXI ETF, leading to a negative short-term impact on the ETF.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Microsoft was notified by the U.S. State Department about anomalous activity, which they attributed to Chinese state-linked hackers. This could potentially affect Microsoft's reputation and cybersecurity measures.
The news directly involves Microsoft as they were the ones to attribute the anomalous activity to Chinese hackers. This could potentially affect their reputation in terms of cybersecurity, leading to a negative short-term impact on their stock.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
The news of the anomalous activity could potentially affect the overall market sentiment, including the SPY ETF.
The news indirectly involves the overall market, as it could potentially affect market sentiment. This could lead to a negative short-term impact on the SPY ETF.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50