Microsoft CEO Satya Nadella: There is ‘a big crisis right now’ for cybersecurity
Microsoft (MSFT) is officially a cybersecurity giant. For the first time on Tuesday, Microsoft disclosed revenue from its various security offerings as part of its quarterly earnings — $10 billion over the last 12 months.
That amounts to a 40% year-over-year jump in the growing security business, making up roughly 7% of the company’s total revenue for the previous year.
“We waited in some sense [until] this milestone to show the depth, the breadth, the span of what we are doing,” Microsoft CEO Satya Nadella told Yahoo Finance in an interview on Wednesday, a day after the company released its quarterly earnings report.
“And, you know, [there’s] a lot of work ahead, but we...