![]() ![]() In an advisory, the agency outlines procedures for enhanced monitoring and logging as well as how to contact Microsoft if suspicious activity is detected. In this case, CISA confirms that it is Microsoft's responsibility to patch the vulnerability and enhance security for authentication procedures, to prevent hackers from mimicking authorized users.Įven so, CISA advises organizations to be on high alert for suspicious activity, given the recent breach. government agencies to critical infrastructure companies, defense contractors and others. That goes especially for organizations that are attractive targets to spies, from U.S. Additionally, it's especially important for agencies to protect more sensitive information outside of online email systems. The goal is to limit the number of vulnerabilities available for adversaries to exploit, as well as the time hackers are able to lurk inside systems without being detected. These kinds of hacks are, unfortunately, a common part of the spy game - a game of breaches and patches, protection and response between the U.S. Government to a high security threshold." The spy game "We continue to hold the procurement providers of the U.S. Officials immediately contacted Microsoft to find the source and vulnerability in their cloud service," wrote Adam Hodge, the acting senior director for press at the White House's National Security Council, in a statement. government safeguards identified an intrusion in Microsoft's cloud security, which affected unclassified systems. government is putting pressure on companies to hold high security standards. However, this is not the first time Microsoft has been the target of this kind of breach. Microsoft describes the hackers as "well-resourced" and "focused on espionage." You base your decisions on more fundamental issues.The breach reveals the ongoing challenge of keeping sophisticated actors out of systems. "These people's money is good because they lubricate transactions, they make that market look attractive but you don't base your planning on them. It's there in the literature, that hot money will move to where it can get the highest return, not where it can develop the country. ![]() ![]() Why should they? That's their stock in trade and it is not the first or second time. However, Managing Director, Chief Economist, Analysts' Data Services and Resources (ADSR) Limited, Afolabi Olowookere said: "I don't subscribe to people saying they should have given us time. He argued that they pushed us to float the naira when we were not ready, only to turn around and slam us when the promise of increased Fx inflows has yet to materialise. Uchenna Uwaleke, Professor of Finance and Capital market in his reaction said: "It's an unfair assessment and too quick a decision especially coming after the new government had heeded the advice of Bretton Woods Institutions to float the naira" The statement also expressed skepticism about the effectiveness of Nigeria's recent foreign exchange reforms, including the adoption of a 'willing seller, willing buyer' policy at the Investor and Exporter (I&E) foreign exchange window.ĭespite these changes-introduced last year-FTSE Russell noted little or no improvement in foreign exchange supply trends, a factor that continues to deter capital inflows from institutional investors. ![]()
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