Benzinga

España
Italia
대한민국
日本
Français
Benzinga Edge
Benzinga Research
Benzinga Pro

  • Get Benzinga Pro
  • Data & APIs
  • Events
  • Premarket
  • Advertise
Contribute
España
Italia
대한민국
日本
Français

Benzinga

  • Premium Services
  • Financial News
    Latest
    Earnings
    Guidance
    Dividends
    M&A
    Buybacks
    Interviews
    Management
    Offerings
    IPOs
    Insider Trades
    Biotech/FDA
    Politics
    Healthcare
    Small-Cap
  • Markets
    Pre-Market
    After Hours
    Movers
    ETFs
    Options
    Cryptocurrency
    Commodities
    Bonds
    Futures
    Mining
    Real Estate
    Volatility
  • Ratings
    Analyst Color
    Downgrades
    Upgrades
    Initiations
    Price Target
  • Investing Ideas
    Trade Ideas
    Long Ideas
    Short Ideas
    Technicals
    Analyst Ratings
    Analyst Color
    Latest Rumors
    Whisper Index
    Stock of the Day
    Best Stocks & ETFs
    Best Penny Stocks
    Best S&P 500 ETFs
    Best Swing Trade Stocks
    Best Blue Chip Stocks
    Best High-Volume Penny Stocks
    Best Small Cap ETFs
    Best Stocks to Day Trade
    Best REITs
  • Money
    Investing
    Cryptocurrency
    Mortgage
    Insurance
    Yield
    Personal Finance
    Forex
    Startup Investing
    Real Estate Investing
    Prop Trading
    Credit Cards
    Stock Brokers
Research
My Stocks
Tools
Free Benzinga Pro Trial
Calendars
Analyst Ratings Calendar
Conference Call Calendar
Dividend Calendar
Earnings Calendar
Economic Calendar
FDA Calendar
Guidance Calendar
IPO Calendar
M&A Calendar
Unusual Options Activity Calendar
SPAC Calendar
Stock Split Calendar
Trade Ideas
Stock Reports
Insider Trades
Trade Idea Feed
Analyst Ratings
Unusual Options Activity
Heatmaps
Free Newsletter
Government Trades
Perfect Stock Portfolio
Easy Income Portfolio
Short Interest
Most Shorted
Largest Increase
Largest Decrease
Calculators
Margin Calculator
Forex Profit Calculator
100x Options Profit Calculator
Screeners
Stock Screener
Top Momentum Stocks
Top Quality Stocks
Top Value Stocks
Top Growth Stocks
Compare Best Stocks
Best Momentum Stocks
Best Quality Stocks
Best Value Stocks
Best Growth Stocks
Connect With Us
facebookinstagramlinkedintwitteryoutubeblueskymastodon
About Benzinga
  • About Us
  • Careers
  • Advertise
  • Contact Us
Market Resources
  • Advanced Stock Screener Tools
  • Options Trading Chain Analysis
  • Comprehensive Earnings Calendar
  • Dividend Investor Calendar and Alerts
  • Economic Calendar and Market Events
  • IPO Calendar and New Listings
  • Market Outlook and Analysis
  • Wall Street Analyst Ratings and Targets
Trading Tools & Education
  • Benzinga Pro Trading Platform
  • Options Trading Strategies and News
  • Stock Market Trading Ideas and Analysis
  • Technical Analysis Charts and Indicators
  • Fundamental Analysis and Valuation
  • Day Trading Guides and Strategies
  • Live Investor Events
  • Pre-market Stock Analysis and News
  • Cryptocurrency Market Analysis and News
Ring the Bell

A newsletter built for market enthusiasts by market enthusiasts. Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after the market closes.

  • Terms & Conditions
  • Do Not Sell My Personal Data/Privacy Policy
  • Disclaimer
  • Service Status
  • Sitemap
© 2026 Benzinga | All Rights Reserved
November 25, 2024 7:20 AM 2 min read

Satya Nadella Promises 'Culture Change' After Security Lapses Return To Haunt Microsoft 20 Years After Bill Gates Launched A Similar Initiative

by Kaustubh Bagalkote Benzinga Staff Writer
Follow
FlipboardIcon version of the Flipboard logo

Microsoft Corp. (NASDAQ:MSFT) CEO Satya Nadella acknowledged the need for a fundamental cultural shift in the company’s approach to cybersecurity, following a series of high-profile security incidents that prompted him to take a voluntary $5 million reduction in his cash incentive.

What Happened: “That’s what will be culture change,” Nadella told Wired in a recent interview, emphasizing that the transformation wouldn’t involve internal blame. “This is not about a witch hunt internally at Microsoft.”

The call for change comes after several significant security challenges in 2023-2024. The U.S. Department of Homeland Security criticized Microsoft’s security systems as inadequate in March, particularly noting vulnerabilities to China-based hacking group Storm-0588.

Nadella’s promise, and Microsoft’s security troubles that precede them, are reminiscent of what happened more than 20 years ago – back in 2002, after a series of security lapses, Bill Gates sent a famous memo to all Microsoft employees to launch an initiative called “Trustworthy Computing.”

See Also: Bluesky Adds Millions Of Users As Elon Musk’s X Faces Exodus Post Trump Victory: Here Are A Few Starter Packs To Help You Level Up On The Platform

Nadella highlighted that “perverse incentives” often lead companies to prioritize product development over securing existing products, suggesting a need to rebalance these priorities as part of the cultural transformation.

Read Next:

  • Palantir Price Target Raised To $75 By Dan Ives Amid 288% YTD Surge: Analyst Calls 2025 A ‘Primetime’ Year For AI

Microsoft CEO Satya Nadella. Photo by WEF on Flickr

Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.


Posted In:
NewsMarketsTechKaustubh BagalkoteSatya Nadella
MSFT Logo
MSFTMicrosoft Corp
$407.61-0.33%
Overview

The company also faced a system compromise by the Russian group Midnight Blizzard, affecting corporate email accounts, and dealt with a global IT outage stemming from a CrowdStrike update issue.

Why It Matters: Brad Smith, Microsoft’s vice chair and president, formally accepted responsibility for these security flaws in a June statement to the Department of Homeland Security. The acknowledgment came as Microsoft continued to expand its artificial intelligence initiatives, with Nadella noting that AI development was “doubling every six months or so.”

Despite these challenges, Microsoft’s market value has exceeded $3 trillion, and Nadella’s total compensation rose 63% to $79.1 million in fiscal 2024, primarily due to stock awards. However, demonstrating personal accountability, he requested a reduction in his cash incentive to $5.2 million from an eligible $10.7 million following the cybersecurity incidents.

The security concerns emerge as Microsoft maintains its leadership in generative AI, with over 85% of Fortune 500 companies using its AI tools. JPMorgan analyst Mark Murphy emphasized the company’s unique position in AI innovation, noting its success in infusing AI across both application and infrastructure stacks.

MSFT Logo
MSFTMicrosoft Corp
$407.61-0.33%
Overview
Comments
Loading...