• Home
  • Categories
  • News
  • Community
EN
EN
Home
CategoriesNewsGlossaryCommunityAbout Us
Contact Us
Social Media
Region
🌏International
Region
🌏International

Copyright © 2023-2026 Traderknows Ltd. All rights reserved.

Contact
Home
/
News
/
Microsoft President responds to House security inquiry, hackers stole State Dept emails.

Microsoft President responds to House security inquiry, hackers stole State Dept emails.

TraderKnowsTraderKnows
2024-06-14
Summary:Last summer, a hacker breach in Microsoft's system led to the theft of 60,000 U.S. State Department emails, causing some lawmakers to raise concerns about national security.

Microsoft President Brad Smith answered questions about the tech giant's security measures and its relationship with China during a House Homeland Security Committee hearing on Thursday. Last year, it was rumored that Chinese hackers infiltrated Microsoft's systems to steal federal emails.

According to the company, last summer these hackers accessed 60,000 US State Department emails through breaches in Microsoft's systems, and this year, Russian cybercriminals also stole emails from senior Microsoft staff.

The congressional hearing comes as the federal government increases its scrutiny of Microsoft—one of the world's largest software manufacturers and a key supplier to US government and national security agencies. Smith stated during the hearing that Microsoft's business accounts for about 3% of the US federal information technology budget.

Lawmakers questioned why Microsoft failed to prevent the Russian and Chinese hacks, noting that despite the simplicity of these hacking methods, they still posed risks to federal networks.

Democratic Representative Bennie Thompson indicated that the emails accessed by Russian hackers included communications with government officials.

He added, "Microsoft is one of the federal government’s most crucial technology and security partners, but we cannot afford to become complacent or allow this relationship to interfere with our oversight."

Lawmakers cited findings from a harsh report released in April by the Cybersecurity Review Board (CSRB), established by U.S. Homeland Security Secretary Alejandro Mayorkas. The report criticized Microsoft for a lack of transparency in the China hacking incident, stating that the breach could have been prevented.

During the hearing, Smith stated, "We take responsibility for every finding in the CSRB report," and added that Microsoft has already begun to implement most of the report's recommendations.

SKYPE TU

公众号2

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

The End
Previous
Next
Comments
0/1000
TraderKnows
Written byTraderKnows
Created date:2024-06-14 05:18
Last Updated:2024-06-14 05:38
Independent Analysis: Manually researched and fact-checked by the TraderKnows Compliance Team, based on public regulatory records.
Wiki
Technology stocks

Technology stocks refer to the shares of companies engaged in research and development, production, and sales within the technology industry. These companies are primarily involved in information technology, telecommunications, semiconductors, software development, and other sectors. Their shares are often considered to have higher growth potential and risk.

Organization

Active

TraderKnowsTraderKnows
Recent Post

Trump Invokes Defense Production Act with 850 Million USD for Coal Power to Meet AI Demand

06-05

NY Fed Index Shows High Supply Chain Pressures as Geopolitical Conflicts Raise Global Inflation Con…

06-05

Japan's Real Wages Rise for Fourth Consecutive Month, Fueling June BOJ Rate Hike Bets

06-05

China Flexible Employment Exceeds 300 Million as Blue-Collar Wage Growth Outpaces White-Collar for…

06-05

South Korean Stocks Post Steepest Weekly Drop Since March as Tech Valuations Reset

06-05

China Commercial Paper Rates Drop in Early June Amid Rising Bank Demand

06-05

UK House Prices Unexpectedly Fall in May as Geopolitical Tensions Push Up Borrowing Costs

06-05

Massive Intervention Fails to Save Yen as Short Positions Surge Near Historic Lows

06-05

AI Momentum Pauses as Broadcom Outlook Misses High Expectations; Markets Await Payrolls

06-05

SpaceX Launches 75B USD IPO Roadshow as Access Blocked in Mainland China and Hong Kong

06-05

Global Gold ETFs See $2 Billion Outflows in May as Capital Pivots to Tech Assets

06-05

Nikkei Drops Over 1% on Tech Sector Pullback While Real Wage Growth Provides Support

06-05

South Korea Lifts Mandatory Reporting for Crypto Transfers Over 10M Won

06-05

Amundi Says Asian AI Stocks Supported by Fundamentals as Fed Path Poses Key Risk

06-05

Taiwan Stocks Close 1.33% Lower on Broadcom Drop But Hold Key Technical Support

06-05

Risk Warning

TraderKnows is a financial media platform, with information displayed coming from public networks or uploaded by users. TraderKnows does not endorse any trading platform or variety. We bear no responsibility for any trading disputes or losses arising from the use of this information. Please be aware that displayed information may be delayed, and users should independently verify it to ensure its accuracy.