Microsoft is "doubling down" on cybersecurity after China, Russia hacks, CEO says – Axios
Microsoft CEO Satya Nadella speaks during CES 2024 in Las Vegas. Photo: Ethan Miller/Getty Images
Microsoft CEO Satya Nadella told analysts on an earnings call Thursday that the company is increasing its focus on cybersecurity.
Why it matters: Government officials and customers have been losing trust in Microsoft following a wave of recent nation-state cyberattacks targeting its products.
What they're saying: "Security underpins every layer of the tech stack and it's our No. 1 priority," Nadella said on a conference call with analysts. "We are doubling down on this very important work, putting security above all else, before all other features and investments."
Driving the news: The U.S. Cyber Safety Review Board released a scathing report this month saying a Chinese espionage campaign targeting Microsoft last summer was "preventable and should never have occurred."
Zoom out: Continued growth in Microsoft's cloud business — fueled in part by the boom in AI — helped the software giant top sales and earnings expectations for the latest quarter, Axios' Ina Fried writes.
Between the lines: Microsoft's competitors have been clamoring to chip away at the company's government contracts and cloud business.
Flashback: In 2002, then-CEO Bill Gates embarked on his own initiative to prioritize cybersecurity in the company's products.
This article was autogenerated from a news feed from CDO TIMES selected high quality news and research sources. There was no editorial review conducted beyond that by CDO TIMES staff. Need help with any of the topics in our articles? Schedule your free CDO TIMES Tech Navigator call today to stay ahead of the curve and gain insider advantages to propel your business!
Microsoft CEO Satya Nadella told analysts on an earnings call Thursday that the company is increasing its focus on cybersecurity.
Why it matters: Government officials and customers have been losing trust in Microsoft following a wave of recent nation-state cyberattacks targeting its products.
What they're saying: "Security underpins every layer of the tech stack and it's our No. 1 priority," Nadella said on a conference call with analysts. "We are doubling down on this very important work, putting security above all else, before all other features and investments."
Driving the news: The U.S. Cyber Safety Review Board released a scathing report this month saying a Chinese espionage campaign targeting Microsoft last summer was "preventable and should never have occurred."
Zoom out: Continued growth in Microsoft's cloud business — fueled in part by the boom in AI — helped the software giant top sales and earnings expectations for the latest quarter, Axios' Ina Fried writes.
Between the lines: Microsoft's competitors have been clamoring to chip away at the company's government contracts and cloud business.
Flashback: In 2002, then-CEO Bill Gates embarked on his own initiative to prioritize cybersecurity in the company's products.
This article was autogenerated from a news feed from CDO TIMES selected high quality news and research sources. There was no editorial review conducted beyond that by CDO TIMES staff. Need help with any of the topics in our articles? Schedule your free CDO TIMES Tech Navigator call today to stay ahead of the curve and gain insider advantages to propel your business!
