Qantas is cutting executive bonuses after data breach
flightglobal.com
flightglobal.com
I bet you we'd drastically reduce the number of companies get hacked overnight.
The problem is that execs and companies in general don’t know how to achieve that. A great deal of security work at companies is cargo cult stuff designed to meet vague and largely irrelevant standards, without any real engagement with what’s happening in the company’s actual systems.
This is not the kind of problem that can be solved simply by motivating the kind of execs that have been allowed to succeed at today’s companies.
Would they buy an Mercedes AMG when it will be stoled the next day ? The main problem is that nobody was fired for stollen employee/user data.
At the end of the day, if the pile of cash they take home at the end of the day isn't inversely proportional to the number of people they fucked over, the best case is they don't care and the worst case is they'll notice that there's money to be saved (and therefore transfered to their pile) by fucking people over and do it even more.
Note that I didn't just say "number of people whose data was leaked" - the same thing applies to other ways of fucking over your users or even employees. Aligning execs' inventives usually isn't the whole solution, but it usually is a necessary part of the solution.
This is just bullshit media-spin.
> Qantas has slashed short-term bonuses for its senior leadership
> Group CEO Vanessa Hudson will see her pay slashed by A$250,000
> the annual report shows that Qantas’ senior leadership salaries were higher than the year-ago period, despite the bonus cuts. Hudson’s annual salary, for example, stood at around A$6.3 million, higher than the A$4.4 million in the previous financial year.
Their pay rise for the year is greater than the cut.
In other words, they gave themselves a smaller bonus increase this year.
Not "no bonus".
Not "no bonus increase"
A smaller increase in the bonus.
The French chopped their aristocrats' heads off in an era of smaller income inequality than we're seeing in western countries today.
my guess is they're doing this to make people feel like they're taking accountability
Don't cut executive pay. Put executives in jail.
I'll bet that if Qantas ever get fined for this data breach, the fine/penalties will cost the company less than the increase in senior leadership salaries for that year.
Usually, it would be a skill issue that could only be solved by additional training or churning headcount.
>One thing that programmers don’t care about. They don’t care about money, actually, unless you’re screwing up on the other things... You do have to pay competitively, but all said, of all the things that programmers look at in deciding where to work, as long as the salaries are basically fair, they will be surprisingly low on their list of considerations, and offering high salaries is a surprisingly ineffective tool in overcoming problems like the fact that programmers get 15″ monitors and salespeople yell at them all the time and the job involves making nuclear weapons out of baby seals. https://www.joelonsoftware.com/2006/09/07/a-field-guide-to-d...