When the bad guys go after a bank, because of the importance of information technology it is the responsibility of the Bank’s CIO to keep the bank’s networks and electronic assets safe. However, this is not something that they can do by themselves. Banks need to know what is happening at other banks so that … Read moreShould Bank CIOs Be Sharing Data To Improve Security?
If you were the CIO of a major bank responsible for the importance of information technology, what do you think that your #1 job responsibility would be? If you are guessing “keep the bank’s systems secure” then good news, you’d be close, but you’d still be missing the point. It turns out that a bank’s … Read moreWells Fargo’s CIO Drops The Ball
Hmm, let me try and remember how this is supposed to go: the IT department exists to serve the rest of the company. If the department is doing its job, then the company should be able to operate smoothly and be able to outperform its competition, right? Over at Wachovia (purchased by Wells Fargo awhile … Read moreWachovia Can’t Modify Loans: Is This Another CIO Failure?