Daily Management Review

Bloomberg warns of global crisis due to Microsoft's vulnerability


The situation with the hacking attack on Microsoft software is turning into a global cybersecurity crisis, Bloomberg reports.

Toshiyuki IMAI
Toshiyuki IMAI
The agency noted that at least 60,000 organisations around the world have been hacked because of a vulnerability in the corporation's Exchange Server software, citing a source familiar with the investigation. The latter claims that the cybercriminals aim to infect as many computers as possible before the company can fully secure all of its customers.

A US official told the agency that action was being taken at all levels of the US government to "assess and address the consequences" of the hackers' actions. "The threat persists and evolves, and we urge internet network operators to take it seriously," Bloomberg quoted an unnamed White House official as saying.

It is noted that Microsoft reported an attack on Exchange Server mailbox servers on 2 March. According to the company, a Chinese hacker group called Hafnium was behind the attack. Microsoft explained that the hackers sought to obtain information from infectious disease researchers, law firms, universities, non-governmental agencies, think tanks and a number of other organisations.

Members of the group used a previously unknown mechanism in which passwords were stolen or vulnerabilities were found in software designed for messaging and corporate communication.

Reuters also reported on 5 March that a vulnerability in Microsoft software had put more than 20,000 organisations in the US at risk of being hacked. "This is a serious vulnerability that continues to pose a threat," stressed White House press secretary Jen Psaki.

source: bloomberg.com