Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Microsoft alerts businesses, governments to server software attack
    Finance

    Microsoft alerts businesses, governments to server software attack

    Microsoft alerts businesses, governments to server software attack

    Published by Global Banking and Finance Review

    Posted on July 21, 2025

    Featured image for article about Finance

    WASHINGTON (Reuters) -Microsoft has issued an alert about "active attacks" on server software used by government agencies and businesses to share documents within organizations, and recommended security updates that customers should apply immediately.

    The FBI said on Sunday it is aware of the attacks and is working closely with its federal and private-sector partners, but offered no other details.

    In an alert issued on Saturday, Microsoft said the vulnerabilities apply only to SharePoint servers used within organizations. It said that SharePoint Online in Microsoft 365, which is in the cloud, was not hit by the attacks.

    "We've been coordinating closely with CISA, DOD Cyber Defense Command and key cybersecurity partners globally throughout our response," a Microsoft spokesperson said, adding that the company had issued security updates and urged customers to install them immediately.

    The Washington Post, which first reported the hacks, said unidentified actors in the past few days had exploited a flaw to launch an attack that targeted U.S. and international agencies and businesses.

    The hack is known as a "zero day" attack because it targeted a previously unknown vulnerability, the newspaper said, quoting experts. Tens of thousands of servers were at risk.

    In the alert, Microsoft said that a vulnerability "allows an authorized attacker to perform spoofing over a network." It issued recommendations to stop the attackers from exploiting it.

    In a spoofing attack, an actor can manipulate financial markets or agencies by hiding the actor's identity and appearing to be a trusted person, organization or website.

    Earlier, Microsoft said it is working on updates to 2016 and 2019 versions of SharePoint. If customers cannot enable recommended malware protection, they should disconnect their servers from the internet until a security update is available, it added.

    (Reporting by Timothy Gardner in Washington; Editing by Frank McGurty, Leslie Adler and Lincoln Feast.)

    Related Posts
    ECB keeps rates steady, nudges up growth forecast
    ECB keeps rates steady, nudges up growth forecast
    Lufthansa looks to US flyers opting for premium to boost sales
    Lufthansa looks to US flyers opting for premium to boost sales
    Bank of England policymakers' views on December rate cut
    Bank of England policymakers' views on December rate cut
    EU leaders agree to work on using Russian assets for loan for Ukraine -Polish PM
    EU leaders agree to work on using Russian assets for loan for Ukraine -Polish PM
    ECB holds rates steady and turns more positive on the economy
    ECB holds rates steady and turns more positive on the economy
    Orlen to buy butadiene plant builder from Synthos for $193 million
    Orlen to buy butadiene plant builder from Synthos for $193 million
    British regulator cracks down on home, travel insurers
    British regulator cracks down on home, travel insurers
    France's EDF raises maximum cost estimate for six reactors to 72.8 billion euros
    France's EDF raises maximum cost estimate for six reactors to 72.8 billion euros
    Lululemon surges on Elliott's $1 billion bet ahead of leadership change
    Lululemon surges on Elliott's $1 billion bet ahead of leadership change
    Austria's RBI says Russian unit will book nearly $400 million provisions in Rasperia lawsuit
    Austria's RBI says Russian unit will book nearly $400 million provisions in Rasperia lawsuit
    EU leaders think it is fair to use Russian assets for Ukraine, Polish PM says
    EU leaders think it is fair to use Russian assets for Ukraine, Polish PM says
    Germany and Spain urge EU to back Mercosur trade deal as France resists
    Germany and Spain urge EU to back Mercosur trade deal as France resists

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Finance

    Explore more articles in the Finance category

    Zara turns to AI to generate fashion imagery using real-life models

    Zara turns to AI to generate fashion imagery using real-life models

    BNP Paribas in exclusive talks to buy Mercedes-Benz's car-leasing unit in $1.2 billion deal

    BNP Paribas in exclusive talks to buy Mercedes-Benz's car-leasing unit in $1.2 billion deal

    Exclusive-Lufthansa projects 6% long-haul flight growth in 2026 as pursues turnaround

    Exclusive-Lufthansa projects 6% long-haul flight growth in 2026 as pursues turnaround

    Bank of England cuts rates in tight vote, sterling rises

    Bank of England cuts rates in tight vote, sterling rises

    Russia says commission on Ukraine war damages has no legal force for Moscow

    Russia says commission on Ukraine war damages has no legal force for Moscow

    Russia's central bank says it will sue European banks in Russian court over frozen assets

    Russia's central bank says it will sue European banks in Russian court over frozen assets

    Bank of England cuts rates after tight vote but signals caution about further moves

    Bank of England cuts rates after tight vote but signals caution about further moves

    Lucasfilm wins bid to throw out UK lawsuit over 'resurrection' of 'Star Wars' character

    Lucasfilm wins bid to throw out UK lawsuit over 'resurrection' of 'Star Wars' character

    Volkswagen pushing ahead with German cost-cutting, brand boss says

    Volkswagen pushing ahead with German cost-cutting, brand boss says

    New Czech government looking at several CEZ buyout options, minister says

    New Czech government looking at several CEZ buyout options, minister says

    Germany launches 30 billion euro fund to mobilise private investment

    Germany launches 30 billion euro fund to mobilise private investment

    Rheinmetall, ICEYE partner on $2 billion German army order for space sector

    Rheinmetall, ICEYE partner on $2 billion German army order for space sector

    View All Finance Posts
    Previous Finance PostRightmove reports record fall in July UK property prices
    Next Finance PostMorning Bid: Could have been worse, is enough for the yen