Microsoft sounds alarm on SharePoint attacks
Wall Street Breakfast
Seeking Alpha
3.8 • 950 Ratings
🗓️ 21 July 2025
⏱️ 6 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | Thanks so much for joining us on this Monday, July 21st. I'm Julie Morgan. |
| 0:13.8 | Hackers hit Microsoft, Alaska Airlines grounds flights, and London's market may be pulling an all-nighter. |
| 0:22.2 | Microsoft is warning of active attacks targeting its SharePoint server software. |
| 0:27.6 | The software is used widely by government agencies and businesses to share documents internally. |
| 0:33.6 | The company has issued a security patch to mitigate active attacks targeting on-premises servers |
| 0:39.9 | and urge customers to install it immediately to protect against a serious vulnerability. |
| 0:46.0 | The attacks described as zero-day exploits target a previously unknown flaw in on-premises versions of SharePoint, |
| 0:57.7 | specifically additions from 2016 and 2019. |
| 1:05.7 | Microsoft said that SharePoint Online, which is cloud-based, part of Microsoft 365, is not affected. |
| 1:12.3 | In an alert, the company said the vulnerability allows an authorized attacker to perform spoofing over a network, potentially disguising themselves as a trusted entity to manipulate systems |
| 1:18.5 | or data. The company advised customers unable to apply the fix right away to disconnect their |
| 1:24.5 | servers from the internet as a precaution. The FBI confirmed it is aware of |
| 1:30.0 | the attacks and is coordinating with federal agencies and private sector partners. According to the |
| 1:36.0 | Washington Post, which first reported the breach, the hackers exploited the flaw in recent days |
| 1:41.4 | to target U.S. and international agencies and enterprises. |
| 1:46.2 | Cybersecurity experts estimate tens of thousands of servers could be at risk. |
| 1:52.2 | The London Stock Exchange Group is looking into the possibility of offering 24-hour trading |
| 1:57.8 | as interest grows among retail investors for access to the market around the clock. |
| 2:03.3 | The Financial Times reported on Sunday that sources familiar with the discussions told the newspaper |
| 2:08.9 | that LSEG is evaluating the feasibility of extended or continuous trading hours. |
| 2:15.3 | This includes assessing the necessary technology infrastructure and |
... |
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