'Microsoft Executive Emails Hacked By Russian Intelligence Group, Company Says A Group Called Nobelium Carried Out The Attack, Which It Detected Last Week' - CNBC
Portfolio Pulse from Benzinga Newsdesk
Microsoft has reported that a Russian hacking group named Nobelium accessed some of its top executives' email accounts. The attack was detected last week and disclosed following new U.S. cybersecurity incident disclosure requirements. Microsoft does not believe the attack had a material impact but chose to inform the public. Nobelium, associated with the Russian SVR, was also behind the SolarWinds breach in 2020 and the 2016 Democratic National Committee breach.
January 19, 2024 | 10:00 pm
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NEUTRAL IMPACT
Microsoft's executive emails were hacked by Nobelium, a Russian intelligence group. The company disclosed the breach but assessed no material impact.
While the hacking incident is significant, Microsoft's statement that it does not believe the attack had a material impact suggests a neutral short-term effect on the stock price. However, the breach could raise concerns about cybersecurity, potentially affecting investor sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100