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ICYMI: Microsoft Warns of Ransomware Hacks as SharePoint Fallout Grows

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Manage episode 496466009 series 1504386
Content provided by Bloomberg. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bloomberg or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Microsoft Corp. said a Chinese hacking group is exploiting security vulnerabilities in the company’s SharePoint servers to deploy ransomware, following a cyberattack discovered last week that has affected hundreds of entities around the world. The group, which Microsoft has named Storm-2603, has a history of waging ransomware attacks, which use malicious software to lock down computers and render them inoperable. Ransomware groups usually then demand payment from their victims to unlock the computers.
Jennifer Ewbank, a veteran CIA operations officer who rose to become Deputy Director for Digital Innovation, now advises companies and clients on cyber resilience, digital transformation, and geopolitical risk through her company, Andaman Strategic Advisors. Jennifer examines today's pressing national security and tech issues, including the Microsoft SharePoint breach, with Tim Stenovec and Carol Massar on Bloomberg Businessweek Daily.

See omnystudio.com/listener for privacy information.

  continue reading

4875 episodes

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iconShare
 
Manage episode 496466009 series 1504386
Content provided by Bloomberg. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bloomberg or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Microsoft Corp. said a Chinese hacking group is exploiting security vulnerabilities in the company’s SharePoint servers to deploy ransomware, following a cyberattack discovered last week that has affected hundreds of entities around the world. The group, which Microsoft has named Storm-2603, has a history of waging ransomware attacks, which use malicious software to lock down computers and render them inoperable. Ransomware groups usually then demand payment from their victims to unlock the computers.
Jennifer Ewbank, a veteran CIA operations officer who rose to become Deputy Director for Digital Innovation, now advises companies and clients on cyber resilience, digital transformation, and geopolitical risk through her company, Andaman Strategic Advisors. Jennifer examines today's pressing national security and tech issues, including the Microsoft SharePoint breach, with Tim Stenovec and Carol Massar on Bloomberg Businessweek Daily.

See omnystudio.com/listener for privacy information.

  continue reading

4875 episodes

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