Source link : https://news7.asia/news/asian-bank-ceos-pay-now-linked-to-cybersecurity-risk-management/
Bank CEO compensation in Asia is coming under closer scrutiny as cyber risks increasingly factor into executive pay, Moody’s Investors Service reports. According to the credit rating agency, a growing number of banks across the region are tying a portion of their chief executives’ remuneration to cybersecurity performance and risk management. This shift reflects heightened awareness of the financial and reputational damage that cyber incidents can inflict, prompting lenders to align incentives more closely with safeguarding digital assets and customer data. The move signals a broader trend in the banking sector toward integrating emerging operational risks into executive accountability frameworks.
Bank CEOs in Asia Face Growing Pressure as Cybersecurity Influences Compensation
In an evolving financial landscape marked by increasing cyber threats, top executives at leading Asian banks are now finding their compensation closely scrutinized through the lens of cybersecurity performance. According to Moody’s latest assessment, cyber risk management is emerging as a critical factor influencing CEO pay packages, reinforcing a broader trend where governance on digital threats directly impacts leadership incentives. This shift reflects heightened regulatory expectations and growing investor demands for enhanced operational resilience amidst escalating cyberattacks targeting the banking sector.
Moody’s report highlights several key elements tying executive remuneration…
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Author : Ava Thompson
Publish date : 2025-10-04 10:00:00
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