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Microsoft employees' cybersecurity contributions will factor into their pay - TL;DR CNBC

Microsoft employees' cybersecurity contributions will factor into their pay

Publishing timestamp: 2024-06-13 13:22:41


Summary

Microsoft executives' bonuses will be tied to cybersecurity performance in the new fiscal year, with a focus on protecting client data and addressing concerns about security practices. The company is making changes to its compensation structure to prioritize cybersecurity, with senior executives' bonuses also being tied to their cybersecurity work. The House Committee on Homeland Security will hold a hearing on Microsoft's security practices.


Sentiment: POSITIVE

Tickers: MSFT

Keywords: microsoft corpbreaking news: technologybusinessenterprisebusiness newstechnology

Source: https://www.cnbc.com/2024/06/13/microsoft-employees-cybersecurity-work-will-factor-into-their-pay.html


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