Wall Street Breakfast Microsoft sounds alarm on SharePoint attacks
11 snips
Jul 21, 2025 A major cyberattack has hit Microsoft's server software, raising alarms about vulnerabilities in SharePoint. Meanwhile, the London Stock Exchange is considering 24-hour trading to cater to retail investors. Alaska Airlines has resumed operations following a technology outage. There's buzz around shifts in trading practices and market trends, coupled with corporate developments, including a noteworthy event at Axum Therapeutics focused on brain health.
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Urgent SharePoint Security Fix
- Microsoft urges immediate installation of a security patch for SharePoint to prevent active attacks.
- Disconnect servers from the internet if the patch can't be applied to mitigate exploitation risk.
24-Hour Trading Trend
- The London Stock Exchange considers 24-hour trading to capture growing retail investor interest.
- Other major exchanges like NYSE and NASDAQ are also exploring extended trading hours to meet demand.
Alaska Airlines IT Outage
- Alaska Airlines experienced a three-hour ground stop due to an IT system outage.
- This incident impacted both mainline flights and Horizon Air subsidiary operations.