The annual bonuses of the company’s top executives will be tied to their commitment to cybersecurity, according to a statement by Microsoft’s executive vice president and president. These changes will also apply to the next fiscal year. Let’s take a look at the reasons and details together.
Microsoft executives’ salaries are expected to be cut based on cybersecurity performance
Microsoft has come under criticism for its ambitious failure to manage cybersecurity incidents. In the summer, Microsoft Exchange Online was subjected to a series of cyber-attacks and it turned out that the attack could have been prevented. This was blamed on the company’s failure to prioritize investments in enterprise security and to take risk management seriously.
According to the report, Microsoft’s basic security controls were not among the standard practices of other cloud service providers, which could have prevented the attack on this scale.
Microsoft also said there were conflicting communications during the attack. This incident demonstrated the urgent need for cloud service providers to take action to protect their customers, as it poses a serious threat to national security.
Microsoft’s approach is an admirable move under capitalism. It’s certainly much more constructive to blame the bosses for the company’s failures rather than low-level employees. The real pressure needs to be on the bosses.
What do you think? Please don’t forget to share your thoughts with us in the comments section below.
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