Business

Microsoft president to Congress: ‘We accept responsibility’ for cybersecurity failures

1 Mins read

Microsoft “accepts responsibility for each and every one” of the issues cited in a scathing US government-backed report on the tech giant’s cybersecurity failings, Microsoft President Brad Smith will tell US lawmakers Thursday, according to his prepared testimony.

“We acknowledge that we can and must do better, and we apologize and express our deepest regrets to those who have been impacted,” reads Smith’s testimony to the House Homeland Security Committee. He is set to testify before the panel Thursday afternoon in a hearing the committee says will assess the impact of Microsoft’s “cybersecurity shortfalls” on homeland security.

Microsoft has been at the center of two sweeping hacking campaigns in the last year allegedly carried out by Chinese and Russian spies.

A report issued in April by the US Cyber Safety Review Board found that Microsoft committed a “cascade” of “avoidable errors” that allowed Chinese hackers to breach the tech giant’s network and later the email accounts of senior US officials last year, including the secretary of commerce. The board is comprised of government and private cybersecurity experts led by the Department of Homeland Security.

Smith says Microsoft has for months been overhauling its cybersecurity practices, in part by implementing recommendations from the US government-backed board.

Read the full article here

Related posts
Business

Gavin Newsom says California to sue over Trump tariffs

1 Mins read
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world…
Business

Hermès overtakes LVMH for luxury’s top spot after weak sales spark sell-off

2 Mins read
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hermès leapfrogged…
Business

Goldman Sachs’ equities traders post record quarter

2 Mins read
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Equities traders…
Get The Latest News

Subscribe to get the top fintech and
finance news and updates.

Leave a Reply

Your email address will not be published. Required fields are marked *