Subj : Microsoft is tying executive pay to security performance  so if i
To   : All
From : TechnologyDaily
Date : Mon May 06 2024 13:30:05

Microsoft is tying executive pay to security performance  so if it gets 
hacked, no bonuses for anyone

Date:
Mon, 06 May 2024 12:27:02 +0000

Description:
Months after appointing a new CISO and days after CEO reaffirms commitment to 
security, Microsoft ups the stake even further.

FULL STORY
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In a bold move addressing some major cybersecurity concerns that have plagued 
the company in recent months, Microsoft has linked executive compensation to 
the companys security performance. 

The strategic manoeuvre comes after a series of high-profile attacks 
affecting the company, such as those by Chinas Storm-0558 and Russias 
Midnight Blizzard . 

The revelation arrives days after Microsoft CEO Satya Nadella confirmed that 
the companys renewed commitment would see it putting security above all else. 
Security boosts 

The initiative, which has been called the Secure Future Initiative (SFI), 
launched last November, and has now been expanded to affect executives pay. 

Charlie Bell, Executive Vice President of Microsoft Security, shared in a 
blog post : We will instill accountability by basing part of the compensation 
of the companys Senior Leadership Team on our progress in meeting our 
security plans and milestones. 

The expansion of Microsofts SFI takes into consideration recommendations 
provided by the Department of Homeland Securitys Cyber Safety Review Board 
(CSRB). The March report slated Microsoft for making a series of avoidable 
errors. 

Specific details surrounding Microsofts decision to directly link at least 
part of its executives pay to cybersecurity performance are unconfirmed, but 
it certainly reflects the companys goal of instilling a more proactive and 
engaged response to cybersecurity among workers. 

Bell added: Our company culture is based on a growth mindset that fosters an 
ethos of continuous improvement. 

Redmonds Chief Information Security Officer, newly appointed Igor Tsyganskiy, 
has also pushed a new new security governance framework, which Microsoft says 
introduces a partnership between engineering teams and newly formed Deputy 
CISOs, collectively responsible for overseeing SFI, managing risks, and 
reporting progress directly to the Senior Leadership Team. More from 
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Link to news story:
https://www.techradar.com/pro/security/microsoft-is-tying-executive-pay-to-sec
urity-performance-so-if-it-gets-hacked-no-bonuses-for-anyone


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