Microsoft Execs’ Bonuses Tied to Cybersecurity: A Comedy of Errors or Progress?
Microsoft’s top brass will now have their annual bonuses tied to their cybersecurity mindfulness, as revealed by the company’s vice chair. Starting fiscal year 2025, a third of the “individual performance” review for senior executives will focus on cybersecurity efforts, assessed by the board’s compensation committee and an independent third party.
Hot Take:
Looks like Microsoft execs will have to swap their golf clubs for firewalls if they want those sweet bonuses. Maybe now they’ll finally stop using ‘password123’ on their accounts!
Key Points:
– Microsoft’s top execs’ bonuses will now depend on their cybersecurity vigilance.
– A third of their performance review will be linked to cybersecurity.
– The review will include input from an independent third party.
– This change comes after several high-profile security breaches.
– Microsoft’s previous lax security measures have come under fire.