Qantas Reduces Executive Bonuses by 15% Following Cyber Hack

Reported about 8 hours ago

Qantas Airways has reduced the short-term bonuses for its top executives, including CEO Vanessa Hudson, by 15% for fiscal 2025 due to a cyber hack that compromised millions of customer records. This decision reflects the company's accountability regarding the incident, which targeted its call center and exposed sensitive data of six million customers. Although Hudson's bonus was cut by A$250,000, her total earnings increased to A$6.3 million for the fiscal year ending June 30.

Source: YAHOO

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