Bearish
Microsoft's stock drops 2.04% to $499.70 amid cybersecurity concerns
In the past 24 hours, Microsoft's stock declined by 2.04%, closing at $499.70. This downturn is attributed to a recent cybersecurity incident where a malware installer, posing as a legitimate download service, has been infecting various brands, including Microsoft Edge. The attack, allegedly orchestrated by the Chinese hacker group Silver Fox, compromises systems by installing a stealthy backdoor, leading to system vulnerabilities.
Key points
- Microsoft's stock falls 2.04% to $499.70 amid cybersecurity concerns.
- Malware installer posing as legitimate download service infects Microsoft Edge.
- Microsoft recommends enabling Tamper Protection and monitoring for suspicious activities.
Sources
AI-generated from public news sources. Not financial advice.
