Microsoft ready to pay $250,000 to identify bugs in their system
The offering is part of Microsoft’s new bounty programme
The step was taken after incidents of theft in other companies
Microsoft is offering up to $250,000 for identifying bugs that are similar to the “Meltdown” and “Spectre” CPU flaws. The offering is part of Microsoft’s new limited-time bounty programme for “speculative execution” side-channel vulnerabilities. “This new class of vulnerabilities was disclosed in January 2018 and represented a major advancement in the research in this field,” Microsoft said in a blog post on Friday.
“In recognition of that threat environment change, we are launching a bounty programme to encourage research into the new class of vulnerability and the mitigations Microsoft has put in place to help mitigate this class of issues,” it added.
“Speculative execution is truly a new class of vulnerabilities, and we expect that research is already underway exploring new attack methods,” said Phillip Misner, a security group manager at Microsoft. The bug bounty programme is open until December 31.
Intel recently confirmed a report about a potential security flaw in its chips that is vulnerable to hacking. According to security researchers, two CPU-level vulnerabilities “Spectre” and “Meltdown” have affected all chips made in the last two decades by Intel, AMD and AMR.
Following the news of the bugs getting out, all major tech players such as Microsoft, Google, Apple, including Intel, released security patches to help protect users from potential data theft. IANS
Microsoft on Monday launched a new $40-million programme aimed at harnessing the power of Artificial Intelligence (AI) for disaster recovery, helping children, protecting refugees and displaced people and promoting respect for human rights.
The tech giant said it would execute the five-year programme by working deeply with select non-governmental and humanitarian organisations through grants, investment of technology and shared expertise.
Unveiled at the annual “Microsoft Ignite 2018” conference here, the programme called “AI for Humanitarian Action” is part of Microsoft’s “AI for Good initiative” that was launched in July last year.
“Today, in conjunction with the United Nations General Assembly meeting, we are announcing AI for Humanitarian Action, a new $40-million dollar five-year Microsoft programme,” said Microsoft President Brad Smith.
“We believe that technology, like AI combined with Cloud technology, can be a game changer, helping save more lives, alleviate suffering and restore human dignity by changing the way frontline relief organisations anticipate, predict, and better target response efforts,” Smith added in a blog post.
At the conference, Microsoft also released an array of security programmes and products.
Among them are “Microsoft Secure Score” — a dynamic report card that assesses Microsoft 365 customer environments and makes recommendations that can reduce breaches up to 30-fold — and “Microsoft Authenticator”, which helps make secure sign-on easier for workers with features like password-free login.
“In this era of the intelligent Cloud and intelligent edge, businesses in every industry are looking for a trusted partner to help them transform,” Microsoft CEO Satya Nadella said in his keynote address.
“We are pushing the bounds in AI, edge computing and IoT (Internet of Things), while providing end-to-end security to empower every organisation to build its own digital capability and thrive in this new era,” Nadella added.
Microsoft said its “AI for Humanitarian Action” programme will accelerate the pace of innovation by managing strategic AI projects that demonstrate new applications, delivering reusable solutions and partnering with others to expand and scale initial projects.
AI can address humanitarian causes in myriad ways. For example, AI technologies like machine vision can quickly analyse images of roads damaged or destroyed by an event, making way for a faster and safer response, Smith explained.
“In a new partnership with the World Bank, United Nations, and partners from the tech industry, relief organisations will be better able to predict when and where future famines will occur so aid can arrive earlier, potentially saving more lives,” the Microsoft President noted.
AI and Machine Learning (ML) also have the potential to improve the lives of approximately 68 million displaced people in the world, 28 million of whom are refugees.
“AI can help optimise the delivery of aid, supplies, and services to refugees and can scale NGOs’ efforts to communicate and understand displaced peoples’ needs,” Smith explained.
The company said it would collaborate with NGOs and humanitarian organisations to accelerate breakthrough solutions to help monitor, detect and prevent human rights abuses.
“We are hopeful the world will see what a compelling force for good AI can be when it’s used well in partnership with innovative NGOs. By ensuring technology fulfils its promise to address the broadest societal needs, we can empower everyone to achieve more,” Smith noted. (IANS)