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ConnectWise Targeted in Global Hack by Chinese-Linked Group, Microsoft Says
ConnectWise has been compromised by hackers linked to China, according to Microsoft. The attack targeted hundreds of organizations worldwide, leveraging ConnectWise's software as a vector. Microsoft identified the hackers behind the breach as part of a group with Chinese ties. The global scale of the attack impacted numerous ConnectWise customers, raising concerns about software supply chain security. This breach highlights ongoing cybersecurity risks associated with software providers and the broader vulnerability in global IT networks. For investors, this could influence ConnectWise's reputation and customer trust, potentially affecting demand for their services and future revenue streams.
Read More: ConnectWise Targeted in Global Hack by Chinese-Linked Group, Microsoft Says