Microsoft Corp (MSFT) Patches SharePoint Vulnerability amid Global Havoc

Microsoft Corporation (NASDAQ:MSFT) is one of the best 52-week high stocks to buy now. On July 21, the software giant released a patch for a vulnerability that affected the servers of the SharePoint document management software.

The patch addressed a loophole that hackers used to breach the networks of governments, businesses, and other organizations worldwide and steal sensitive information. The revelations were highlighted by representatives from two cybersecurity firms, CrowdStrike Holdings and Google’s Mandiant Consulting.

Microsoft announced it had released security patches for customers to apply to their SharePoint servers to mitigate active attacks targeting on-premises servers. It has also confirmed it is working on rolling out others. The company has faced a series of cyber-attacks amid warnings that Chinese hackers were targeting remote management tools and cloud applications.

Microsoft Corporation (NASDAQ:MSFT) is a technology company that develops, licenses, and supports software, services, devices, and solutions. It’s best known for its operating systems, such as Windows, productivity software like Microsoft 365, and gaming consoles like Xbox. It also provides cloud computing services, hardware devices, and various other online services.

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Disclosure: None. This article is originally published at Insider Monkey.