Microsoft to maintain $1bn cybersecurity spend

Software giant Microsoft will continue to invest over $1bn (€937m) annually on cyber-security research and development in the coming years, a senior executive has said.

This amount does not include acquisitions Microsoft may make in the sector, Bharat Shah, the company’s vice president of security, told Reuters on the sidelines of the firm’s BlueHat cyber security conference in Tel Aviv.

“As more and more people use the cloud, that spending has to go up,” he said.