Microsoft, in association with Fortinet and other partners, is working on mapping cyber crime activities and attain responses to cyber threats on public and private entities. The program was developed in the year 2019 and after a long pause, the service of crafting the service was resumed at the end of last year.
The mapping will be called as Cybercrime Atlas and arrangements are being made to host it at the World Economic Forum(WEF) in the next 18-20 months. News is out that PayPal and Banco Santander will fund the program until it sufficiently gains enough sustainability to become an independent platform.
Cybercrime Atlas announcement was made at the WEF annual meeting held in Switzerland and is about to include digital crime investigators from national and international enforcement agencies and business heads who are ready to share their wisdom to craft policies and recommendations useful for a coordinated action against cyber-attacks.
State funded actors will be under strict vigil and those groups involved in crime and offering their services in a business model will be tracked down and banned from further networking.
Since June 2022, the work on tracking down 13 criminal groups has started by the investigators, who are about to add 7 more groups to the list.
“Cybercrime works in shadows by exploiting vulnerabilities and this has to be nipped from bud to contain the crime spread”, says Brad Smith, the Vice Chairperson and President of Microsoft.
Cybercrime Atlas acts as an actionable forum for corporate and government entities to leverage their data, capabilities and expertise, all helpful in dislodging the crime rate at a faster pace and on a large scale.
In another news related to the Redmond giant, the technology firm has issued an update that it has fixed 4 vulnerabilities that cyber criminals could have otherwise exploited on Microsoft Azure cloud platform.
The vulnerabilities related to Azure API Management, Azure Functions, Azure Machine Learning and Azure Digital Twins Services, which were discovered in between Oct and December 2022 and related to Server Side Request Forgery leading to data thefts, have now been fixed.