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All you need to know: Microsoft Exchange hack, and why the US govt is worried

Earlier this month, Microsoft announced that Chinese hackers were trying to exploit vulnerabilities in its Exchange Server, a mail and calendar service used by corporates and organisations. The breach is now being considered one of the biggest cybersecurity stories in recent times, so big that even the United States' White House has stepped in for damage control. US President Joe Biden's administration has said that the breach can have "far-reaching consequences". Multiple reports have noted the number of affected organisations at over 30,000 in the US alone, with several hundred thousand worldwide. What happened? On March 2, Microsoft issued a statement, informing its users — and the world at large — that the company had identified a state-sponsored threat action that it dubbed as "Hafinium". The company said there were vulnerabilities in Exchange Server, which Hafinium was exploiting. "Hafnium operates…

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