Microsoft's SharePoint is being hacked by cyberattackers, FBI and CSE warn
Microsoft issued an alert on Saturday that said the server software being targeted is used by government agencies and businesses to share documents within their organizations.
The company advised that security updates should be applied immediately.
The Cyber Centre is also urging companies to take various actions to reduce risks, including checking for a specific file in their servers.
Get breaking National news
For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. Sign up for breaking National newsletter Sign Up
By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy
'The Cyber Centre is aware of exploitation happening in Canada,' the Canadian Centre for Cyber Security wrote in a vulnerability alert.
'CVE-2025-53770 involves a deserialization of untrusted data in on-premises Microsoft SharePoint Servers allowing an unauthorised attacker to execute code over a network.'
Story continues below advertisement
Those who use SharePoint Online in Microsoft 365, which is in the cloud, have not been impacted.
Global News has reached out to the federal government and Communications Security Establishment Canada to inquire if any departments have been impacted.
The FBI said on Sunday that it was aware of the attacks and is working closely with federal and private-sector partners, but offered no other details.
The Washington Post, which first reported the hacks, said unidentified actors in the past few days had exploited a flaw to launch an attack that targeted U.S. and international agencies and businesses.
In the alert, Microsoft said a vulnerability 'allows an authorized attacker to perform spoofing over a network.' It issued recommendations to stop the attackers from exploiting it.
— with files from Reuters
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Cision Canada
9 minutes ago
- Cision Canada
MNP collaborates with Microsoft to deliver transformative agentic AI solutions to the mid-market Français
CALGARY, AB, July 29, 2025 /CNW/ - MNP is deepening their relationship with Microsoft to empower Canadian mid-market organizations to accelerate their AI journeys. Through the launch of MNP's AI Foundry – a dedicated innovation hub that guides organizations through every stage of their AI journey, from identifying opportunities to scaling production-ready solutions – MNP is investing in the tools, talent, and technology to help organizations securely and responsibly reinvent their business functions with generative and agentic AI. MNP has been an early adopter and user of Microsoft generative AI solutions like Microsoft 365 Copilot and Azure OpenAI, in Azure AI Foundry. MNP has benefited from a 193 percent increase in proposal output, 75 minutes saved per meeting, and a 30 percent reduction in content development costs. With over 98 percent active utilization of Copilot licenses, the Firm's adoption strategy is already delivering tangible results. "From deploying 6,300 Microsoft 365 Copilot licenses to building Azure OpenAI-powered agents, we're embedding intelligence into all areas of our technology ecosystem," said Adel Elassal, CIO of MNP. "AI isn't an add-on for us — it's the operating system of the modern firm." MNP's Digital Services clients are realizing similar benefits. MNP's AI Foundry offers the technology, transformation, and industry insights that mid-market organizations need to accelerate and scale their use of M365 Copilot and agents across their businesses. In collaboration with Microsoft, MNP is developing templates, extensions, and connectors that enable clients to leverage their data and generative AI to reduce costs, improve efficiency, and drive growth — delivering a seamless path from idea to impact. "As Microsoft has established a dominant position in the AI space, we are leveraging that leadership by combining our industry knowledge and technical expertise to deliver best-in-class AI solutions for the mid-market," says Ahmed Otmani Amaoui, MNP's Microsoft Practice Leader. Microsoft recently recognized MNP's Digital Services practice by awarding it the Microsoft Inner Circle for Business Applications Excellence and designating it as a worldwide featured Microsoft Fabric partner. These awards, among others, reflect MNP's focus on building generative and agentic AI solutions using a business-focused approach. MNP's collaboration with Microsoft is having demonstrable impact across MNP's client base. In the public sector, MNP co-developed a citizen-facing agent to streamline municipal services. In healthcare, the Firm has helped automate nurse intake processes, freeing up frontline staff for patient care. In financial services, MNP is enabling banks to realize operational efficiencies through AI-powered automation. "Our collaboration with Microsoft positions MNP as Canada's go-to advisor for responsible, business-first AI," says Sean Murphy, MNP's National Digital Solutions Leader. "By combining Microsoft's relentless innovation with our sector expertise, we're helping Canadian organizations compete on a completely new playing field." "MNP's rapid evolution into a Frontier firm is a testament to its bold vision and deep commitment to innovation. By combining Microsoft's cutting-edge AI platforms with MNP's unique insight, sector know-how, and IP, we're empowering medium enterprise customers to accelerate their AI value realization — not just with tools, but with transformative outcomes." Ehsan Youssef, Small, Medium Enterprise & Channel Leader at Microsoft Canada. MNP: Canada's business advisor National in scope and local in focus, MNP provides client-focused accounting, consulting, tax, and digital services in more than 150 communities from coast to coast. Founded in Brandon, Manitoba in 1958, we are proud to be born and raised in Canada and committed to the success of Canadian individuals, businesses, and organizations. Our advisors deliver personalized strategies and made-in-Canada solutions to help you reach your full potential — wherever business takes you.
Global News
2 hours ago
- Global News
Provinces' deficits could shrink in coming years despite trade war: report
Under pressure from the U.S. trade war and a slowing economy, Canada's provinces are all expected to run fiscal deficits this year — but a Conference Board of Canada report predicts those deficits will narrow in the coming years. The report released Tuesday paints a picture of provinces struggling to balance their books. Not long after emerging from a pandemic that caused deficits to balloon, Canada's provinces are now staring down the barrel of a trade war. Most provinces have put up contingency funds in this year's budgets to support workers and critical industries through the tariff dispute. Many are also aligning with the federal government to push forward major infrastructure projects in the coming years, putting pressure on capital spending. Just as provinces are drawing down their coffers, they're also bracing for a hit to the economy. Story continues below advertisement 'When we see a slowdown in economic activity, that leads to less job creation, less spending, less incomes and less corporate profits,' said Richard Forbes, principal economist at the Conference Board. 'And these are … major drivers of provincial revenues.' 1:59 Alberta posts $8.3B surplus in 2024-25 fiscal year Also hampering provincial revenues is a slowdown in population growth as Ottawa tamps down on the flow of immigration. Many provinces are also facing demographic woes due to an aging population and baby boomers exiting the workforce — another drag on income tax revenue. A growing number of retirees also drives up demand for health-care spending. Get weekly money news Get expert insights, Q&A on markets, housing, inflation, and personal finance information delivered to you every Saturday. Sign up for weekly money newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy Forbes said that with the federal government's new immigration caps, population growth is likely to hit a wall in the coming years. That would limit any relief newcomers offer the labour market as older Canadians exit the workforce. Story continues below advertisement The Conference Board report cites the example of Newfoundland and Labrador, which it says is expected to see its population shrink by 10,000 over the next five years. Quebec and most of the Maritimes are also expected to feel the 'sting' of an aging population, the report said. Prince Edward Island, meanwhile, is experiencing the strongest population growth of any province in recent years. A 25-per cent increase in population over 10 years has helped to lower P.E.I.'s median age by 2.6 years, the report said. The Conference Board's forecast assumes the economy contracted in the second quarter of the year as tariffs and uncertainty sank manufacturing activity. The think tank predicts a modest return to growth through the rest of the year. At the tail end of the provinces' planning horizons, the Conference Board report sees governments reining in spending, which is expected to narrow those deficits by the end of the decade. The federal government has announced plans to balance the operating side of its budget over the next three years. Forbes said he expects to see similar trimming by the provinces in areas such as public administration. 'Speaking broadly, of course, we are seeing provinces showing more prudence when it comes to their spending plans over the last couple of years,' he said. Some provinces, including Saskatchewan and Alberta, are forecast to return to annual budget surpluses before 2030. The Conference Board says Canada's Prairie provinces are in relatively secure fiscal positions, thanks in part to younger demographics and some insulation from tariffs. Story continues below advertisement 1:44 Edmonton faces $1.5B capital funding budget shortfall Provinces like Alberta, Saskatchewan and Newfoundland and Labrador are expected to pivot their economies towards renewable energy in the years ahead, but Forbes noted that prospects for the oil and gas sector will continue to weigh heavily on the fiscal outlooks in those provinces. Ontario is also expected to see a balanced budget by the end of the decade. The Conference Board says accelerated infrastructure spending will drive up debt in the short term but planned moderation in health care and education expenditures will support deficit elimination. Quebec is in a 'difficult position,' the report says, with the province particularly penned in by weak demographic momentum, heightened economic uncertainty and growing demand for health-care and education spending. But the Conference Board says Quebec can find its way back to a modest surplus by 2029 if the province can deliver on spending restraint. Story continues below advertisement British Columbia also faces a steep deficit, the Conference Board says, but a slowdown in spending and rising natural gas royalties are expected to help it climb out of that fiscal hole in the coming years. The federal government's infrastructure agenda could also be a boon for the province, the report notes. While New Brunswick is praised in the report for its displays of fiscal restraint in recent years, the Conference Board points to an aging population and the forestry industry's tariff exposure as serious revenue challenges. Nova Scotia is also expected to face challenges tied to a slowing economy, particularly as a lack of private sector investment and housing activity weigh on growth. Forbes said that while the Conference Board's forecast assumes trade uncertainty will diminish next year, the provinces' fiscal pictures could deteriorate further if Canada's tariff dispute with the United States persists. Part of the value of the Conference Board's exercise is that it puts all provincial budget plans through a uniform scenario, he said — unlike the various hypotheticals that underpin each individual province's spending plan.
National Post
2 hours ago
- National Post
Vena Recognized as a Leader With Outstanding Overall Rating in 2025–2026 Performance Management Vendor Landscape Matrix from BPM Partners
Article content Article content Article content TORONTO — Vena, the only Complete FP&A platform powered by agentic AI and purpose-built to fully amplify the Microsoft technology ecosystem, today shared its eight total Outstanding and Excellent rankings in the new 2025–2026 Performance Management Vendor Landscape Matrix (VLM) produced by BPM Partners, the leading independent authority on business performance management. Vena was ranked as an all-around Outstanding provider, the highest possible ranking, with a score of 4.69 out of 5, signaling its ongoing success in providing customers with a holistic financial planning solution that meets their needs. Article content In addition to its overall ranking, Vena was a Top-rated provider in the Budgeting and Planning and Customer Support categories with scores of 4.85 and 4.62 respectively, well above competitors in both categories. The company also earned Excellent rankings in the following five categories: Performance and Scalability, Financial Reporting, Financial Consolidation, Finance Self-Sufficiency and Ease of Use. Article content The VLM found Vena's key strengths to be its intuitive interface, the platform's flexibility, the low total cost of ownership and its integrated business planning and AI-powered capabilities. Article content In BPM's report, 73% of survey respondents ranked the use of AI in CPM as either important or very important, showcasing Vena's future-forward focus and emphasis on providing customers solutions that integrate with the platforms they already know and trust. Vena is leading the way in FP&A with its agentic AI deployments and integrations, including industry-first reporting and analytics agents as well as Vena Copilot for Microsoft Teams, an integration that brings these powerful tools directly into business workflows and collaborations. Article content 'Our VLM score jumped from 4.54 last year to 4.69 this year—concrete proof that Vena's AI-powered, customer-oriented approach is resonating more than ever with customers around the world,' said Hugh Cumming, CTO of Vena. 'We are particularly honored by the continued recognition for our integration capabilities. During times of volatility, a business needs better information flow and increased agility. Vena's integration and AI features help finance teams make more strategic decisions faster.' Article content Finance teams are facing more pressure to provide fast and accurate information, reflected in 67% of VLM respondents saying pre-built templates were important or very important to them when evaluating a vendor's platform. In addition to its native integration with the Microsoft technology ecosystem, Vena offers a quick startup time and easy adoption no matter the industry, thanks to its robust library of 50+ pre-built templates that include everything from Power BI dashboards to employee growth kits. Article content 'The VLM is an invaluable tool for anyone looking to purchase, upgrade or replace a performance management system,' said Craig Schiff, President and CEO of BPM Partners. 'We currently track more than 50 vendors that provide software to address one or more aspects of business performance management and related business intelligence. Only the most active vendors competing for and successfully delivering BPM solutions are included in the VLM report, and Vena is certainly making its mark.' Article content From high-growth startups to global enterprises, finance and operations teams are turning to Vena to unify their planning in a single platform that's fast to deploy, flexible to use and powered by the tools finance teams already trust—Excel, Power BI, Teams and more. With agentic AI, real-time analytics and a seamless Microsoft-native user experience, Vena empowers finance leaders to go beyond the numbers and make confident, insight-driven decisions that move their business forward. To learn how companies are planning with confidence using Vena, visit our Customer Stories. Article content To download a copy of the 2025–2026 Performance Management Vendor Landscape Matrix (VLM) report produced by BPM Partners, click here. About Vena Vena is the only agentic AI-powered FP&A platform purpose-built to harness the full power of the Microsoft technology ecosystem for finance teams everywhere. Vena amplifies Microsoft's world-leading productivity tools, cloud technology and AI innovation to make FP&A, operational planning and adjacent strategic processes more flexible, efficient and intelligent. Thousands of the world's leading companies rely on Vena to power their planning. For more information, visit Article content Article content Article content Article content Article content Article content
