Russian Government-Linked Hackers Stole Federal Email Correspondence With Microsoft: CISA
Portfolio Pulse from Ananya Gairola
Russian government-linked hackers, identified as Midnight Blizzard, have stolen emails between several U.S. federal agencies and Microsoft Corporation (NASDAQ:MSFT), according to the Cybersecurity and Infrastructure Security Agency (CISA). This breach, part of a prolonged hack disclosed in an emergency directive by CISA, marks the first official acknowledgment of compromised federal agency emails with Microsoft. The directive requires federal agencies to reset credentials for compromised accounts. Microsoft is working with affected customers and CISA to mitigate the breach, which is part of a series of security incidents involving Russian hackers targeting Microsoft and other organizations.

April 12, 2024 | 1:15 am
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Microsoft Corporation (NASDAQ:MSFT) was directly involved in a cybersecurity breach where emails between it and several U.S. federal agencies were stolen by Russian government-linked hackers.
The direct involvement of Microsoft in this cybersecurity breach, as both a victim and a key player in the mitigation efforts, could potentially impact its stock price negatively in the short term. The breach raises concerns about the security of Microsoft's systems, which could affect user and partner trust. However, Microsoft's proactive approach in working with affected customers and CISA to mitigate the breach may help to limit the negative impact.
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