RealNews

Microsoft Security Flaws Infecting Its Finances

Security flaws in Microsoft Corp.’s software has hurt users, businesses and governments for years, but until now has caused little pain for the world’s largest software maker’s bottom line. That changed this week when Microsoft reported an unexpected dip in corporate contracts during the September quarter due to customer concerns over the security of its products, triggering on Friday the sharpest drop in Microsoft’s share price since Sept. 17, 2001, the day markets reopened after the World Trade Center attacks. Shares in the Redmond, Washington-based company fell by about 8 percent to close at $26.61 on the Nasdaq, where it was by far the most actively traded issue, with more than 210 million shares trading hands. Analysts said the security issue was diverting the company’s energies, as sales representatives spent more time putting out fires and mending fences with clients and less time making new sales. Full Story

OODA Analyst

OODA Analyst

OODA is comprised of a unique team of international experts capable of providing advanced intelligence and analysis, strategy and planning support, risk and threat management, training, decision support, crisis response, and security services to global corporations and governments.