Microsoft to continue $1 billion annual investment in cybersecurity, acquires more cybersecurity firms from Israel

Briefing

Microsoft to continue $1 billion annual investment in cybersecurity, acquires more cybersecurity firms from Israel

February 16, 2017

Briefing

  • $1 Billion Annual Cybersecurity Investment – Microsoft will continue investing $1 billion annually on cybersecurity research and development, exclusive of acquisitions, as it increasingly shifts focus to cloud
  • Increased Cyberattacks – According to Microsoft, number of attempted cyberattacks per week has increased to 600,000-700,000 from 20,000 two or three years ago
  • Acquired Israeli Cybersecurity Firms – Bought enterprise security startup Aorato, cloud security firm Adallom, and Secure Islands, whose technology is integrated into Azure Information Protection, in last two years since 2014
  • Additional Israel Investments – Made three more investments in cybersecurity companies in Israel, including Illusive Networks, which uses deception technology to detect attacks

Accelerator

Sector

Information Technology

Organization

Microsoft Corp.

Source

Original Publication Date

January 26, 2017

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