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Microsoft ties executive pay to security following multiple failures and breaches

Arstechnica

Arstechnica · 1y ago

Microsoft ties executive pay to security following multiple failures and breaches

Microsoft has faced several security breaches and privacy concerns in recent years, causing criticism from various parties. The breaches included a China-based hacking group accessing data from Microsoft's Azure service and a Russian state-sponsored group compromising the company's systems. In response, Microsoft has introduced the "Secure Future Initiative" to prioritize security. The company aims to improve security practices, implement multifactor authentication, enforce least-privilege access, enhance network monitoring, and retain security logs. Senior executives' pay will also be tied to meeting security goals. CEO Satya Nadella stressed the importance of prioritizing security over adding new features.

Related News

DOGE software engineer’s computer infected by info-stealing malware

Arstechnica

Arstechnica · 9m ago

DOGE software engineer’s computer infected by info-stealing malware

A DOGE software engineer's computer was reportedly infected by info-stealing malware, leading to multiple leaks of his login credentials over the years. The engineer, Kyle Schutt, had access to sensitive government systems, raising concerns about potential security breaches. His credentials have appeared in several public logs and data breaches. Critics have pointed out potential operational security failures within his workplace. Authorities have yet to confirm these incidents officially.

Microsoft blamed for “a cascade of security failures” in Exchange breach report

Arstechnica

Arstechnica · 1y ago

Microsoft blamed for “a cascade of security failures” in Exchange breach report

A federal Cyber Safety Review Board has released a report on the breach last summer that resulted in the theft of hundreds of thousands of emails from cloud customers, including federal agencies, by Chinese hackers. The report highlights "security failures" at Microsoft and states that the company's security culture was inadequate. It also emphasizes the need for Microsoft to adjust to the evolving threats faced by cloud providers. The report mentions critical failures on the part of Microsoft before, during, and after the breach, and labels it as preventable. Microsoft has cooperated with the review board and expressed its commitment to enhancing security measures.

President Trump calls Intel CEO a 'success' after meeting - The Economic Times

Economic Times

Economic Times · 6m ago

President Trump calls Intel CEO a 'success' after meeting - The Economic Times

Executive Lip-Bu Tan met President Trump after calls for his resignation over China ties. Following their discussion, Trump softened his stance, suggesting future cooperation. Despite calls for Tan's resignation over Chinese investments, the meeting focused on Intel's commitment to U.S. tech leadership. Although Intel faces challenges, Trump's reconsideration signals potential collaboration. Tan has publicly reaffirmed his commitment to U.S. priorities, addressing national security concerns related to Intel's leadership and his ties to China.

Beware Microsoft Edge users! Govt warns against risk: How to protect your device

Livemint

Livemint · 1y ago

Beware Microsoft Edge users! Govt warns against risk: How to protect your device

- Indian government warns users of Microsoft Edge to update their browsers due to significant security vulnerabilities. - Multiple security flaws flagged in versions of Microsoft Edge earlier than 129.0.2792.79. - Attackers can exploit these vulnerabilities to bypass security controls and execute arbitrary code on users' devices. - Users urged to update their browsers to the latest version to receive essential security patches. - Staying proactive with browser updates and following best practices for online security is crucial in an increasingly vulnerable environment.

Microsoft Exposes How Hackers Stole Email Signing Key

Robots · 2y ago

Microsoft Exposes How Hackers Stole Email Signing Key

Microsoft has detailed how a China-backed hacking group stole an email signing key, granting unauthorized access to U.S. government email accounts. The breach was due to multiple issues, including a system crash, undetected key exposure, and compromised user credentials. This highlights cybersecurity challenges even for large organizations. Emphasis should be on enhancing network security policies to prevent future breaches. Microsoft faced an espionage campaign in July, where hackers accessed unclassified emails of U.S. government officials, including high-profile figures. The exact method used by the intruders to hack into Microsoft remains unknown.

Senator castigates federal judiciary for ignoring “basic cybersecurity”

Arstechnica

Arstechnica · 5m ago

Senator castigates federal judiciary for ignoring “basic cybersecurity”

US Senator Ron Wyden criticized the federal judiciary for neglecting basic cybersecurity practices, following recent and past breaches reportedly linked to Russian hackers. These breaches exposed sensitive court documents, threatening national security. Wyden accused the judiciary of failing to heed security advice and called for an independent review by the National Academy of Sciences. He highlighted the judiciary's lack of transparency and accountability, urging immediate reforms to prevent further security risks.

Microsoft is facing another major EU investigation - this time around blocking security software purchases

Techradar

Techradar · 1y ago

Microsoft is facing another major EU investigation - this time around blocking security software purchases

Regulators in the European Union are investigating Microsoft for allegedly restricting customers from using rival security software, particularly those using Office 365. The company is also being scrutinized for its investments in Mistral AI, a small but popular AI company. These investigations add to the ongoing regulatory pressure faced by Microsoft, following similar investigations launched by the UK's Competition and Markets Authority and the US Federal Trade Commission regarding its OpenAI partnerships. Amazon is also facing investigations and its lobbyists have been banned from the European Parliament due to alleged labor law breaches.

Microsoft’s AI Copilot for Security launches next month with pay-as-you-go pricing

The Verge

The Verge · 1y ago

Microsoft’s AI Copilot for Security launches next month with pay-as-you-go pricing

Microsoft is launching Copilot for Security, an AI chatbot powered by OpenAI's GPT-4 and Microsoft's own security-specific model, to assist cybersecurity professionals in protecting against threats. Users can access information on security incidents, threat summaries, and more, and collaborate via a pinboard section. Copilot for Security includes a pay-as-you-go pricing model, charging businesses $4 per hour of usage, allowing for scalability. Microsoft's move towards AI in cybersecurity comes after being targeted by Russian state-sponsored hackers, who gained access to executive email inboxes and source code repositories.

US lawmaker presses for details of Pentagon use of Chinese engineers under Microsoft deal - The Economic Times

Economic Times

Economic Times · 6m ago

US lawmaker presses for details of Pentagon use of Chinese engineers under Microsoft deal - The Economic Times

A US lawmaker has demanded more information from the US Defense Department concerning its sharing of information with Chinese engineers under a cloud computing contract with Microsoft. This follows a report that Microsoft used China-based engineers for military technical support, a practice it has since discontinued. Senator Tom Cotton expressed security concerns about past contracts and processes, urging a review of potential security breaches and Microsoft's audit outcomes regarding this arrangement.

Elon Musk might not get to keep his $55 billion Tesla package. But overall, CEOs shouldn't panic about their paydays.

Business Insider

Business Insider · 1y ago

Elon Musk might not get to keep his $55 billion Tesla package. But overall, CEOs shouldn't panic about their paydays.

A Delaware judge ruled against Elon Musk's $55 billion compensation package for his work at Tesla, citing excessive pay. While this case is rare, experts believe it may not have a significant impact on executive compensation in general. The unique circumstances of Musk's package, which tied his stock options to Tesla's market evaluation, made it difficult to defend. Additionally, the judge found that Tesla's board had extremely close ties to Musk, further complicating the situation. While the ruling is notable, it may not set a broad precedent for executive pay.

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