From what I understand, it's an internal facing group that protects Microsoft from outside threats. It's a part of Core Services Engineering. Is it a good team to join in Microsoft?
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I haven't worked there, but my impression of the group from the point of view of an external partner, is that they do some interesting stuff. They are looking at applying advanced analytics and ML to security. I'm not sure if they or the office security folks ultimately wrote Vanquish, but many office services use that for threat monitoring and intrusion detection in their production services. That is an example if the kind of thing they might work on.