A Microsoft under attack from government and tech rivals after 'preventable' hack ties executive pay to cyberthreats
Publishing timestamp: 2024-05-22 10:54:05
Summary
Microsoft is facing criticism for failing to prevent a Chinese hack of its systems. In response, the company is tying executive compensation to cybersecurity performance. This move has sparked discussions at other companies about implementing similar measures. Experts believe that linking executive pay to cybersecurity goals can help instill a security-first culture at the top of corporate hierarchy. However, there are challenges in determining specific metrics and goals related to cybersecurity within compensation plans. Despite the lack of details on Microsoft's compensation formula, the move is seen as a positive step towards prioritizing cybersecurity within the organization.
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Keywords: executive compensation, cybersecurity, united states, crowdstrike holdings inc, cyberattack, china, business news, hacking, suppress zephr, cyber threat, microsoft corp, technology,