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Microsoft will evaluate its employees' cybersecurity contributions in reviews that will factor into their compensation, Brad Smith, the company's vice chair and president, said ahead of a Thursday U.S. House committee hearing on the software maker's security practices. The changes represent part of Microsoft's efforts to address concerns about how much it's doing to protect its clients' data. For the current fiscal year, these high-ranking executives might see cybersecurity-related impacts reflected in their pay. "The Board also decided that for the current fiscal year, which ends on June 30, the Compensation Committee will consider explicitly each SLT member's cybersecurity performance when it makes its annual assessment of the executive's performance," Smith wrote. WATCH: Microsoft Security VP Vasu Jakkal talks cybersecurity with Jim Cramer
Persons: Brad Smith, Smith, Satya Nadella, Vasu Jakkal, Jim Cramer Organizations: Microsoft, U.S ., Department of Homeland Security, Homeland Security, cybersecurity, YouTube
Microsoft is rolling out an unorthodox pricing model for its new security chatbot that becomes available to the public on April 1. Microsoft considered input from early customers as well as the costs of tapping OpenAI's LLMs that process users' prompts, Vasu Jakkal, a corporate vice president at Microsoft, told CNBC. Microsoft charges for use of its Azure OpenAI Service based on the number of tokens a client uses. BP is an early customer of the new security service. Copilot for Security can answer questions by drawing on information from Microsoft's own security products and third-party providers.
Persons: Satya Nadella, Nadella, Andrew Conway, Conway, Vasu Jakkal, Chip Calhoun, Copilot, UnitedHealth Organizations: Microsoft, Security, Gaming, Activision Blizzard, Windows, Dynamics, CNBC, OpenAI, BP Locations: Seoul, Charlotte, Russian
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicrosoft Security VP Vasu Jakkal talks cybersecurity with Jim CramerVasu Jakkal, Microsoft VP of Security, joins 'Mad Money' host Jim Cramer to talk security threats facing Microsoft in the current AI focused landscape.
Persons: Vasu Jakkal, Jim Cramer Vasu Jakkal, Jim Cramer Organizations: Microsoft
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe are seeing an unprecedented threat landscape, says Microsoft VP of Security Vasu JakkalVasu Jakkal, Microsoft VP of Security, joins 'Mad Money' host Jim Cramer to talk security threats facing Microsoft in the current AI focused landscape.
Persons: Vasu Jakkal Vasu Jakkal, Jim Cramer Organizations: Microsoft
In a Monday interview with CNBC's Jim Cramer, Microsoft security executive Vasu Jakkal said generative artificial intelligence is essential to the company's cybersecurity business. "We have the super power of generative AI, which is helping us defend at machine speed and scale, especially given the cybersecurity talent shortage," she said. She pinpointed two types of cybersecurity threats: espionage related to geopolitics and financial cybercrime. Microsoft can use data to train its AI models to understand these threats, she said. She said Microsoft is partnering with 15,000 companies and organizations, and that 300 security vendors are building on the company's platforms.
Persons: CNBC's Jim Cramer, Vasu Jakkal, Jakkal Organizations: Microsoft
Many in the industry, including current and former Microsoft and Amazon executives, wonder whether there's a better job for Bell. It could get intense, with Bell going toe-to-toe with Jassy and getting into disputes with Selipsky. "There were two different sets of security products and actually different security organizations that were securing the products for Microsoft," Bell said. While Bell has imported some processes from Amazon, he has introduced them with a "Microsoft flavor," by using Microsoft productivity tools, one person said. "So many decisions get made at Microsoft by looking at PowerPoints, and sometimes those PowerPoints lack details," Rashid, the former Microsoft and Amazon executive, said.
Microsoft on Tuesday announced a chatbot designed to help cybersecurity professionals understand critical issues and find ways to fix them. The Microsoft Security Copilot draws on GPT-4, the latest large language model from OpenAI — in which Microsoft has invested billions — and a security-specific model Microsoft built using daily activity data it gathers. Microsoft isn't talking about how much Security Copilot will cost when it becomes more widely available. The service will work with Microsoft security products such as Sentinel for tracking threats. Security Copilot will be available to a small set of Microsoft clients in a private preview before wider release at a later date.
Ransomware is following the business and distribution model that made cloud giants so successful. Experts say it's so easy to buy ransomware tool kits that hackers can make a monthly income from it. In the same vein, ransomware developers are taking care of back-end operations to get hackers up and running. Today's ransomware gig economy includes a network of behind-the-scenes operatorsThe ransomware gig economy behind ransomware-as-a-service programs has also expanded rapidly over the past two years. Record-breaking payouts include a $4.4 million ransom secured by hackers that attacked the fuel-pipeline operator Colonial Pipeline in 2021.
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