Satya Nadella Once Again Calls For 'Geneva Convention Around Cyber' After Russian Intelligence Group Breaches Security At Microsoft
Portfolio Pulse from Ananya Gairola
Microsoft Corporation's (NASDAQ:MSFT) top executives' email accounts were hacked by a Russian Intelligence group, as revealed in a regulatory filing. CEO Satya Nadella has called for a 'Geneva convention around cyber' in response to nation-state cyberattacks, emphasizing the need for the U.S., Russia, and China to establish cyber norms. Microsoft confirmed that the breach was not due to vulnerabilities in their products or services.
January 31, 2024 | 3:31 am
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Microsoft's top executives' emails were hacked by a Russian group, leading CEO Nadella to advocate for international cyber norms. The company stated the breach was not due to product vulnerabilities.
While the breach is significant, Microsoft's statement that their products were not compromised may mitigate negative impact on stock price. Nadella's call for cyber norms reflects proactive leadership but is unlikely to have a direct short-term impact on the stock.
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