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Microsoft still fending off Russian hacker group after January cyber attack

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Microsoft Corporation says it still cannot shake Russian hackers who compromised several email accounts belonging to company executives.

Midnight Blizzard — the group named by Microsoft as responsible for ongoing cyber attacks on their digital infrastructure — has reportedly used information obtained in the first successful hack to broaden its scope.

“In recent weeks, we have seen evidence that Midnight Blizzard is using information initially exfiltrated from our corporate email systems to gain, or attempt to gain, unauthorized access,” the Microsoft Security Response Center said in a statement. “This has included access to some of the company’s source code repositories and internal systems. To date we have found no evidence that Microsoft-hosted customer-facing systems have been compromised.”

MICROSOFT SAYS RUSSIAN STATE-SPONSORED HACKERS BROKE INTO SOME COMPANY EMAILS

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A logo sits illuminated outside the Microsoft booth at ISE 2024 in Barcelona, Spain.  (Cesc Maymo/Getty Images / Getty Images)

The MSRC statement continued, “It is apparent that Midnight Blizzard is attempting to use secrets of different types it has found. Some of these secrets were shared between customers and Microsoft in email, and as we discover them in our exfiltrated email, we have been and are reaching out to these customers to assist them in taking mitigating measures. Midnight Blizzard has increased the volume of some aspects of the attack, such as password sprays, by as much as 10-fold in February, compared to the already large volume we saw in January 2024.”

Microsoft also filed a report with the United States Securities and Exchange Commission.

In January, Microsoft first announced it suffered a hack by Russia-affiliated threat actors that affected a “very small percentage” of corporate email accounts.

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The Russian state-sponsored Midnight Blizzard hackers got into email accounts of some individuals on Microsoft’s senior leadership team, with some cybersecurity, legal and other workers also impacted, Microsoft said in a blog post at the time.

Microsoft had also said it “immediately activated our response process to investigate, disrupt malicious activity, mitigate the attack, and deny the threat actor further access” upon learning of the attack on Jan. 12.

The company expressed surprise at Midnight Blizzard’s “sustained, significant commitment of the threat actor’s resources, coordination, and focus” in their Friday statement.

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The Kremlin

The Kremlin, Russia’s seat of political power, can be seen behind the compound gates in Moscow, Russia. (Andreas Rentz/Getty Images / Getty Images)

“It may be using the information it has obtained to accumulate a picture of areas to attack and enhance its ability to do so,” MSRC said. “This reflects what has become more broadly an unprecedented global threat landscape, especially in terms of sophisticated nation-state attacks.”

The hackers are believed to be one of many such groups supported materially and otherwise by the Kremlin.

Fox News Digital’s Aislinn Murphy contributed to this report.



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Urgent Money Miracle – $2+ EPC! Get Instant 90% Commission Bump

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Predictions for Mortgage Rates in 2024: What to Expect

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As we look ahead to 2024, many homeowners and prospective buyers are wondering what to expect when it comes to mortgage rates. The landscape of the housing market is constantly changing, so it’s important to stay informed about trends and predictions. In this blog post, we will discuss some factors that could impact mortgage rates in 2024 and what homeowners and buyers can expect.

One factor that could impact mortgage rates in 2024 is the overall state of the economy. If the economy is strong and growing, we may see higher mortgage rates as the Federal Reserve looks to combat inflation. On the other hand, if the economy is stagnant or in a recession, we may see lower mortgage rates as the Fed looks to stimulate growth. It’s important to keep an eye on economic indicators such as GDP growth, unemployment rates, and inflation to get a sense of where mortgage rates may be heading.

Another factor that could impact mortgage rates in 2024 is Federal Reserve policy. The Fed plays a key role in setting interest rates, and their decisions can have a ripple effect on mortgage rates. If the Fed decides to raise interest rates in response to inflation, we may see an increase in mortgage rates. Conversely, if the Fed decides to lower interest rates to stimulate growth, we may see a decrease in mortgage rates. Keeping up with the latest news and announcements from the Fed can give homeowners and buyers a sense of where mortgage rates may be heading.

In terms of specific cities and local mortgage companies, it’s important to note that mortgage rates can vary depending on location and lender. For example, in a city like New York City, where real estate prices are high, mortgage rates may be higher compared to a city like Indianapolis, where real estate prices are lower. Additionally, local mortgage companies may offer competitive rates and terms compared to national lenders. For example, in New York City, local lenders like Quontic Bank and CrossCountry Mortgage may offer specialized products and services tailored to the needs of local buyers.

It’s important for homeowners and buyers to shop around and compare rates from multiple lenders to ensure they are getting the best deal. Websites like Bankrate and LendingTree can be helpful resources for comparing rates and terms from multiple lenders. Homeowners and buyers should also consider working with a mortgage broker who can help them navigate the lending process and find the best mortgage product for their needs.

In conclusion, predicting mortgage rates in 2024 is not an exact science, but there are several factors that could impact rates. By staying informed about economic indicators, Federal Reserve policy, and local market trends, homeowners and buyers can make informed decisions about their mortgage. Shopping around and comparing rates from multiple lenders is key to ensuring you are getting the best deal on your mortgage. Whether you’re looking to refinance your existing mortgage or buy a new home, it’s important to stay informed and be proactive in managing your mortgage.

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