Why Microsoft’s latest cyber security milestone should have other vendors worried | #microsoft | #hacking | #cybersecurity

Satya Nadella (Microsoft)

Credit: Microsoft

In late January, Microsoft trumpeted a new milestone. The company had, for the first time, surpassed US$10 billion in cyber security revenue over the previous year.  

For context, Microsoft saw a 17 per cent year-on-year boost in overall revenue, to US$43.1 billion, during the quarter ended 31 December 2020 alone. The vendor’s second quarter revenue for commercial cloud, arguably its fastest-growing segment, was up by 34 per cent, to US$16.7 billion.

The latest revenue milestone from the vendor’s cyber security business equates to a growth rate of more than 40 per cent, year-on-year, with that figure encompassing Microsoft’s security, compliance, identity and management businesses.

Today, the company helps to secure more than 400,000 customers across 120 countries.

A day after Microsoft CEO Satya Nadella revealed the new milestone during the firm’s December quarter financial briefing, the company’s security, compliance and identify corporate vice president Vasu Jakkal landed a stellar argument showcasing how the tech giant is likely to continue its path to world domination in the security segment: sheer user numbers.

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