Microsoft Takes Action In Response To Cybersecurity Breach, Offers Free Tools To Spot Attacks
Portfolio Pulse from Anusuya Lahiri
Microsoft Corp (NASDAQ:MSFT) is offering free tools to detect cyberattacks following a significant security breach linked to Chinese hackers. The company faced criticism for its tiered payment system after the cyber-espionage campaign infiltrated Microsoft's cloud-based email system and compromised several organizations globally. From September, Microsoft will make 31 critical security logs available for free to licensees of its lower-cost cloud services and increase the retention duration for security logs from 90 to 180 days.
July 19, 2023 | 4:06 pm
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Microsoft's response to the cybersecurity breach could potentially improve its reputation and customer trust, which may have a positive impact on its stock price.
Microsoft's decision to offer free tools to detect cyberattacks and make critical security logs available for free is a proactive response to the recent security breach. This move could potentially improve its reputation and customer trust, which are key factors that can influence its stock price. However, the full impact of the breach and the company's response is yet to be seen.
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