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The latest update from Microsoft is meant to keep alleged Chinese hackers out of old company software. Researchers suggest that multiple sets of foreign operatives exploited SolarWinds. And a nasty set of thieves seems to be extorting bank employees. This is CyberScoop for March 9, 2021.

Microsoft expands security update

Microsoft issued a patch Monday for older versions of its Exchange servers, an attempt to protect more organizations from alleged Chinese hackers who are exploiting software flaws. The decision to expand the security updates to include legacy technology is a signal of the severity and breadth of the attacks leveraging the vulnerabilities. Microsoft had previously taken the unusual step of issuing updates for older products in cases of serious issues, such as when the company issued protections for those using older versions of Windows during the WannaCry ransomware spree. Shannon Vavra has the latest.

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Did China exploit SolarWinds, too?

Suspected Chinese spies exploited SolarWinds’ Orion product in a breach of a private firm last year, researchers from Secureworks said Monday. The revelation suggests that multiple sets of foreign operatives have coveted the organizational data held by the Orion software, and comes as U.S. officials are dealing with the fallout of another alleged Chinese hacking operation. Sean Lyngaas has the rundown.

Accellion hack snags another

Flagstar Bank is the latest known victim of the Accellion hack. The Michigan-based financial institution boasts that it's the second-largest savings bank in the United States. The ransomware gang that claims to have hacked the bank posted purported employee Social Security numbers and other sensitive information as part of its extortion attempt. Flagstar Bank joins a list of victims that includes law firm Jones Day and grocery chain Kroger. Tim Starks has the rest.

McAfee makes a $4 billion deal

McAfee said on Monday it will sell its enterprise business for $4 billion in cash to a consortium led by Symphony Technology Group, a private equity firm based in Palo Alto. In a statement, McAfee said it will focus its efforts on consumer cybersecurity, rather than the enterprise market, and aim to accelerate its attention on subscriptions around personal devices. The deal comes after Okta announced its intention to acquire Auth0, a cloud identity startup, for $6.5 billion. Read more here.

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