Microsoft Stock News and Forecast: MSFT confirms system hack – FXStreet

• Microsoft stock closed up 1.64% on Tuesday as tech stocks rallied.
• MSFT stock trading lower on Wednesday as Bloomberg report says MSFT confirms system hack.
• Microsoft stock is trading at $301.90, down 0.7% in Wednesday premarket.

Microsoft stock (MSFT) continued its recent recovery on Tuesday as tech shares continued their strong performance. This may be set for an abrupt halt on Wednesday as Microsoft confirms limited access by hacker group Lapsus$, according to Bloomberg.

Microsoft Stock News

According to the Bloomberg report, the hacker group claimed it got access to the source code for the Bing internet search engine as well as to the voice assistant Cortana. Microsoft responded in a blog post: “In recent weeks, Microsoft Security teams have been actively tracking a large-scale social engineering and extortion campaign against multiple organizations with some seeing evidence of destructive elements…The activity we have observed has been attributed to a threat group that…

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