I think this kind of "technical debt" is penny-wise-but-pound-foolish but I can see where it fits in their scheme of things.
It seems that one reason for management not to be worried is that the sums are so small. Upgrading security in all their facilities would probably cost $9MM which they could easily cover from operating cash (they had about USD 3B) last year.
If I were a bank though I'd be concerned that this was merely the visible top of a large iceberg of problems.
It seems that one reason for management not to be worried is that the sums are so small. Upgrading security in all their facilities would probably cost $9MM which they could easily cover from operating cash (they had about USD 3B) last year.
If I were a bank though I'd be concerned that this was merely the visible top of a large iceberg of problems.