REDMOND, WA - To bolster cybersecurity, Microsoft has announced a significant update to its email system's sign-in process. Starting September 16, 2024, the tech giant will no longer support sign-in on third-party email and calendar applications that only use a Microsoft Account username and password. This change will affect users of Outlook.com, Hotmail, and Live.com email services.
The company is making a shift towards modern authentication methods to enhance the security of user information. Users who are currently accessing their email through applications utilizing less secure authentication methods are advised to update their software. Microsoft has recommended that users switch to applications that support modern authentication to avoid any service disruption.
To assist users in this transition, Microsoft offers free versions of Outlook for PC, Mac, iOS, and Android devices, which can be downloaded and set up to connect to email accounts securely. For those who prefer to continue using non-Microsoft applications like Gmail or Apple (NASDAQ:AAPL) Mail, the company has provided a helpful article with instructions on how to update these services to use modern authentication methods.
Users may need to contact the support teams of these third-party applications for specific instructions, which often involve re-adding the email account using the latest version of the app.
This update is part of Microsoft's ongoing efforts to prioritize the safety and security of its users' data. Users are encouraged to act before the September 16 deadline to ensure uninterrupted access to their email accounts.
The announcement is based on a press release statement from Microsoft Corporation (NASDAQ:MSFT), which is headquartered in Redmond, Washington.
InvestingPro Insights
As Microsoft gears up to enhance its cybersecurity measures, investors and users alike may be interested in the company's financial robustness and market performance. According to recent data from InvestingPro, Microsoft's market capitalization stands at a formidable $2.41 trillion USD, reflecting its significant presence in the tech industry. The company's dedication to security may be one factor contributing to its high P/E ratio of 39.53, indicating investor confidence in its future earnings potential.
In line with Microsoft's commitment to shareholder returns, one of the InvestingPro Tips highlights that the company has raised its dividend for 18 consecutive years, showcasing a consistent return to investors amidst its growth. Furthermore, with a dividend yield of 0.65%, Microsoft continues to reward its shareholders while also reinvesting in innovation and security enhancements.
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