January 25, 2024 2:30 AM | 2 min read
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In a recent development, Hewlett Packard Enterprise Co (NYSE:HPE) disclosed that its cloud-based email system was breached by a suspected nation-state actor.
What Happened: HPE revealed on Wednesday that its cloud-based email system was hacked by a suspected nation-state actor, MarketWatch reported. The actor is believed to be Midnight Blizzard, also known as Cozy Bear, a state-sponsored actor.
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“The accessed data is limited to information contained in the users’ mailboxes. We continue to investigate and will make appropriate notifications as required,” an HPE spokesperson said
Why It Matters: The recent cyber-attack on HPE is a stark reminder of the persistent threat posed by nation-state actors. This revelation comes in the wake of a similar breach at Microsoft Corp (NASDAQ:MSFT), where the same group accessed a small percentage of corporate email accounts. Both companies have stated that the cyber-intrusions did not significantly impact their operations.
Meanwhile, in a recent interview, Crowdstrike Holdings Inc (NASDAQ:CRWD) CEO George Kurtz explained why Russian hackers, particularly the group known as Nobelium, pose a significant challenge to cybersecurity. This insight provides a broader context for the challenges faced by companies like HPE and Microsoft in dealing with state-sponsored cyber threats.
Earlier this month, HPE was reportedly in advanced discussions to acquire networking equipment competitor Juniper Networks, Inc. (NYSE:JNPR) in a deal potentially worth around $13 billion. This cyber-attack could potentially impact the ongoing acquisition talks and raise concerns about the security of the combined entity.
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“Start 2024 Strong With 3 Hot Stock Ideas – Practically Free”
Ready for your shot at the next potential 32%, 39% or 45% gains in today’s market? You’re about to miss Stock Expert Gianni Di Poce’s 3 latest stock ideas… Ones that could shift your entire wealth-building journey. If you’re ready to start 2024 strong with 12 hot stock ideas every single month. ACT FAST.
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