<p>➀ Microsoft unveiled its Azure hardware security architecture at Hot Chips 2025, emphasizing protection for multi-tenant cloud environments through decentralized Hardware Security Modules (HSMs) integrated into every server; </p><p>➁ The company introduced custom ASIC-based Azure Integrated HSMs to eliminate centralized TLS handshakes, alongside its Secure Future Initiative and open-source Caliptra 2.0 silicon root of trust; </p><p>➂ With cybercrime projected to exceed $10T in 2025, Microsoft highlighted its 34,000 security engineers and global infrastructure (70+ regions, 400+ data centers) as critical defenses against this economic-scale threat.</p>