A Microsoft under attack from government and tech rivals after ‘preventable’ hack ties executive pay to cyberthreats


Microsoft has come under fire recently from both the U.S. government and rival companies for its failure to stop a Chinese hack of its systems last summer.

One change the tech giant is making in response: linking executive compensation more closely to cybersecurity. In April, a government review board described a hack of Microsoft last summer attributed to China as “preventable.” The U.S. Department of Homeland Security’s Cyber Safety Review Board pointed to “a cascade of errors” and a corporate culture at Microsoft “that deprioritized enterprise security investments and rigorous risk management.”

Read more…
Source: CNBC News


Sign up for our Newsletter


Related:

  • R2R stomping – are you ready to run?

    October 9, 2023

    What if we told you that the reality you perceive with your very own eyes is not always what it seems? That the .NET code you witness executing within your beloved managed debugger, such as dnSpy/dnSpyEx, may not necessarily be the same code that operates outside of its bounds? .NET application startup time and latency ...

  • Microsoft AI researchers accidentally exposed terabytes of internal sensitive data

    September 18, 2023

    Microsoft AI researchers accidentally exposed tens of terabytes of sensitive data, including private keys and passwords, while publishing a storage bucket of open source training data on GitHub. In research shared with TechCrunch, cloud security startup Wiz said it discovered a GitHub repository belonging to Microsoft’s AI research division as part of its ongoing work ...

  • Unusually low 5 critical vulnerabilities included in Microsoft September Patch Tuesday, along with two zero-days

    September 12, 2023

    Microsoft disclosed 65 vulnerabilities across its suite of products and software Tuesday, only five of which are considered critical, which is very low compared to Microsoft’s usual security updates. However, there are two issues disclosed and patched this month that have already been exploited in the wild. Fifty-six of the vulnerabilities included in this month’s Patch ...

  • Storm-0558: Understanding How Microsoft Failed to Protect Itself

    September 7, 2023

    You’re undoubtedly familiar with the so-called Storm-0558 attacks from July 2023. If not a quick recap: these attacks (widely attributed as the work of the Chinese government) compromised a number of high-value Exchange Online mailboxes, including the US Secretary of Commerce and the US Ambassador to China. Given the sensitivity of the mailboxes, it’s likely ...

  • Midnight Blizzard conducts targeted social engineering over Microsoft Teams

    August 2, 2023

    Microsoft Threat Intelligence has identified highly targeted social engineering attacks using credential theft phishing lures sent as Microsoft Teams chats by the threat actor that Microsoft tracks as Midnight Blizzard (previously tracked as NOBELIUM). This latest attack, combined with past activity, further demonstrates Midnight Blizzard’s ongoing execution of their objectives using both new and common ...

  • FortiGuard Labs Discovers Multiple Vulnerabilities in Microsoft Message Queuing Service

    July 24, 2023

    Over the last few months, FortiGuard Labs has discovered and reported multiple vulnerabilities found in the Microsoft Message Queuing (MSMQ) service. Microsoft patched these vulnerabilities in the April and July 2023 security updates. These patches are rated as critical/important, and as always, we urge users to install them as soon as possible. Read more… Source: Fortinet Labs