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I’ll save full thoughts for later as I need to digest the report, but I will say to Microsoft’s credit, I’ve heard they got the memo on security and plan a range of things including org and governance changes.

IMHO MS need a properly centralised security op model, like you see at.. well.. every other org. And then robust control implementation, lead by risk, blanketed everywhere.

Security should be treated like safety - if you endanger customers, you on the naughty step.