Monday, February 6, 2023
HometecMicrosoft has a $20 billion hacking plan, but cybersecurity has a big...

Microsoft has a $20 billion hacking plan, but cybersecurity has a big spending problem

  • Microsoft is quadrupling its cybersecurity investment to $20 billion over the next five years.
  • One of the reasons for the big investment cited by Microsoft president Brad Smith in a CNBC interview this week speaks to a Catch-22 in the cyber arms race: the increased spending in recent years by public and private enterprises hasn't resulted in better protection against criminal hackers.
  • The shortage of workers skilled in cybersecurity is one of the factors that has led to a situation in which companies are paying for products that in many cases they aren't even using.

In this article

RELATED ARTICLES

Most Popular