In the next coming years, United States software giant Microsoft Corp. (NASDAQ: MSFT) has confirmed the company will continue to invest over a billion dollars annually on cyber security R&D. This amount does not include acquisitions Microsoft may make in the sector, Bharat Shah, Microsoft vice president of security, told Reuters on the sidelines of the firm’s BlueHat cyber security conference in Tel Aviv. According to Microsoft data, the attempted cyber-attacks was 20,000 a week two or three years ago, that figure had now risen to 600,000-700,000.
Microsoft has bought security firms Aorato, Adallom, and Secure Islands, all in Israel in just a little over two years. According to Reuters, Microsoft’s venture arm has also made three cyber security investments in Israel, including this week an undisclosed amount in Illusive Networks, which uses deception technology to detect attacks and has been installed at banks and retailers. Though Microsoft does not have any near-term plans to implement deception technology, “we look at lots of different technologies that might be of use in the future,” Shah said.
Shah trusts that in the next year or so progress should be made in moving toward broader implementation of user authentication without need for a password. Microsoft’s Windows 10 operating system includes Windows Hello, which allows users to scan their face, iris or fingerprints to verify their identity and sign in.