Microsoft Unsafe?

The year is 1986 and Bill Gates is the premier computer programmer in the world and Microsoft (MSFT) has just gone public in a HUGE $61 million dollar IPO with shares debuting at $21. Fast forward a few years to 2021 and your 1 IPO share is now worth 288 shares of Microsoft. Safe to say Gates built a powerhouse that has morphed into one of the worlds largest and most influential companies. Not only has the share price changed since 1986 but the brand awareness as well with Microsoft being awarded the elusive JEDI or Joint Enterprise Defense Infrastructure government contract back in 2019 to provide cloud computing services to the highest levels authorization. Microsoft beat out Amazon (the clear cut favorite after their CIA contract) in the final round of the contract that is worth $10 billion and spans over 10 years. Amazon officials didn’t take kindly to the snub and have fought the decision everyday since the announcement making it difficult to get operations started. The Pentagon hinted early last week that they may have to scrap the deal with Microsoft as the legal process would take additional years and the contract needs to either be revised or executed sooner than later. The most recent news of continued hacks and vulnerabilities from Microsoft has attracted interest of the White House in what they are calling an active threat. In January Fireeye (FEYE) a cybersecurity company reported to MSFT executives that a bug had made its way into the companies email system called exchange that works with small businesses and had been trying to penetrate for possibly some time before that. This past week Microsoft Intelligence team linked the hacks to a state backed group that MSFT calls Hafinum. President Biden has put together his own team of investigators after the White House Press Secretary said the threat was active and National Security Advisor Jake Sullivan tweeted of the potential compromise of United States think tanks. Those affected have been small US firms, Universities and local governments with the biggest hack exploiting the European Banking Authority. The Cybersecurity and Infrastructure Security Agency or CISA claims that the hack is not tied to the Solarwinds attack. PRO TIP: Dont underestimate the importance of having multiple layers of security on your computer.