00:00Roland, this looks serious, but how serious is it actually, this latest zero-day vulnerability in Microsoft SharePoint?
00:07Is it a major breach?
00:08Well, hello, Jono. How are you?
00:10First, yes, it is very serious.
00:13It is one of the most critical cyber attacks that happened lately, after what happened in 2020.
00:19So let's describe why it is very critical.
00:22First, this type of zero-day attack where the hackers, they found a bug, a security hole in Microsoft SharePoint, and they were able to hack all the systems.
00:34So because of this, let's say, bug, and by the way, here we are talking about SharePoint, what you call on-premise, which means the servers are locally hosted in the entities where they are hosting the Microsoft SharePoint on their servers, if not over cloud.
00:48So because of this bug, they were able to install files and shells where they keep, for them, back doors.
00:55So even if you fix this problem and fix this security bug, the hackers might still have access to all the servers, all the systems, all the infrastructure, where this would be very critical because even when Microsoft, let's say, published the update and patching for this security hole,
01:12But still, at the same time, hackers might still have access to servers and to the infrastructures.