Ron Wyden Accuses Microsoft Of Negligence In Recent Cybersecurity Breach
Portfolio Pulse from Navdeep Yadav
Senator Ron Wyden has accused Microsoft Corporation of negligent cybersecurity practices and withholding key details about a recent hack. The breach reportedly allowed China-based hackers to compromise accounts belonging to 25 organizations, including officials in the US Departments of State and Commerce. Wyden has called on the Justice Department to hold Microsoft accountable for the breach.
July 28, 2023 | 12:32 pm
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Microsoft is accused of negligent cybersecurity practices and withholding key details about a recent hack. This could potentially lead to regulatory scrutiny and damage the company's reputation.
The news directly implicates Microsoft in a significant cybersecurity breach. This could lead to regulatory scrutiny, potential legal consequences, and damage to the company's reputation, which could negatively impact the stock price in the short term.
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