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:

  • Microsoft August 2022 Patch Tuesday fixes exploited zero-day, 121 flaws

    August 9, 2022

    Today is Microsoft’s August 2022 Patch Tuesday, and with it comes fixes for the actively exploited ‘DogWalk’ zero-day vulnerability and a total of 121 flaws. Seventeen of the 121 vulnerabilities fixed in today’s update are classified as ‘Critical’ as they allow remote code execution or elevation of privileges. Read more… Source: Bleeping Computer  

  • Microsoft finds Raspberry Robin worm in hundreds of Windows networks

    July 1, 2022

    Microsoft says that a recently spotted Windows worm has been found on the networks of hundreds of organizations from various industry sectors. The malware, dubbed Raspberry Robin, spreads via infected USB devices, and it was first spotted in September 2021 by Red Canary intelligence analysts. Cybersecurity firm Sekoia also observed it using QNAP NAS devices as command ...

  • Microsoft 365 credentials targeted in new fake voicemail campaign

    June 20, 2022

    A new phishing campaign has been targeting U.S. organizations in the military, security software, manufacturing supply chain, healthcare and pharmaceutical sectors to steal Microsoft Office 365 and Outlook credentials. The operation is ongoing and the threat actor behind it uses fake voicemail notifications to lure victims into opening a malicious HTML attachment. According to researchers at cloud ...

  • Microsoft fixes under-attack Windows zero-day Follina

    June 15, 2022

    Microsoft claims to have finally fixed the Follina zero-day flaw in Windows as part of its June Patch Tuesday batch, which included security updates to address 55 vulnerabilities. Follina, eventually acknowledged by Redmond in a security advisory last month, is the most significant of the bunch as it has already been exploited in the wild. Criminals and ...

  • Microsoft seizes 41 domains tied to ‘Iranian phishing ring’

    June 7, 2022

    Microsoft has obtained a court order to seize 41 domains used by what the Windows giant said was an Iranian cybercrime group that ran a spear-phishing operation targeting organizations in the US, Middle East, and India. The Microsoft Digital Crimes Unit said the gang, dubbed Bohrium, took a particular interest in those working in technology, transportation, ...

  • Qbot malware now uses Windows MSDT zero-day in phishing attacks

    June 7, 2022

    A critical Windows zero-day vulnerability, known as Follina and still waiting for an official fix from Microsoft, is now being actively exploited in ongoing phishing attacks to infect recipients with Qbot malware. Proofpoint first reported Monday that the same zero-day was used in phishing targeting US and EU government agencies. Last week, the enterprise security firm also ...