Qantas airplane with a cybersecurity warning symbol representing data breach and executive pay cuts

Qantas Airways has penalized CEO Vanessa Hudson and five top executives nearly A$800,000 (≈ ₹44.8 crore) in pay following a cyberattack that exposed personal data of 5.7 million customers. Hudson forfeited A$250,000 (≈ ₹14 crore), while other executives lost A$550,000 (≈ ₹30.8 crore) collectively. Despite the cuts, Hudson’s total pay rose to A$6.31 million (≈ ₹353.4 crore) due to performance incentives.

Qantas airplane with a cybersecurity warning symbol representing data breach and executive pay cutsQantas airplane with a cybersecurity warning symbol representing data breach and executive pay cuts

The breach, detected on June 30, prompted swift containment and customer support efforts. Qantas’s board imposed pay cuts to emphasize accountability and governance reforms amid criticism of corporate culture.

Qantas airplane with a cybersecurity warning symbol representing data breach and executive pay cutsQantas airplane with a cybersecurity warning symbol representing data breach and executive pay cuts

Despite the incident, Qantas reported a 15% profit increase to A$2.4 billion (≈ ₹1.34 lakh crore) for the year, highlighting the challenge of balancing financial success with customer trust and regulatory scrutiny.

NPAV offers a robust solution to combat cyber fraud. Protect yourself with our top-tier security product, Z Plus Security