Microsoft announced plans to acquire cyber threat research and analytics firm Miburo in a Tuesday, June 14 blog post. The cybersecurity firm specializes in detecting and responding to foreign information operations.
As part of the terms of the acquisition, Microsoft plans to use Miburo’s cybersecurity technology to partner with other public and private sector companies to find ways to prevent foreign adversaries from threatening customers. public and private sectors, according to the message.
Miburo will be part of the Customer Security and Trust organization, with founder Clint Watts continuing to lead the group, the post said. By adding the Miburo analyst team to the Microsoft Threat Intelligence Center, the Threat Environment Analysis team, and Microsoft’s data science teams, Microsoft can expand its threat detection and analysis capabilities.
This expansion will help Microsoft reach new heights in cybersecurity, tackling new cyberattacks and examining how foreign cybercriminals use data information to commit cybercrimes, according to the post.
Miburo’s research teams have the ability to detect extremist influence campaigns in 16 languages. These capabilities will grow with Microsoft’s resources, paving the way for cybersecurity innovation, the message says.
Meanwhile, Microsoft and other Big Tech companies are under intense scrutiny in the UK as the UK Treasury has proposed a new regulatory framework that would give the Bank of England (BoE) and the Financial Conduct Authority (FCA) new powers to oversee technology. companies that provide essential services to the financial sector.
Read more: UK government wants financial regulators to oversee Amazon and Microsoft Cloud Business
The UK government is concerned about banks’ growing reliance on cloud computing, as these services are mainly provided by a handful of players. In 2020, more than 65% of UK businesses used the same four cloud providers for cloud infrastructure services, according to the Treasury statement.