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▲ lg5689 8 hours ago

At a large bank like this, the people responsible for cybersecurity have a completely separate reporting chain and incentives than the ibanking side. If there was a security risk identified, it'd be completely inappropriate to wait a few weeks.

▲etiennebausson 7 hours ago | parent [-]

Because it would be surprising for GS to make inappropriate choices?

Google put 'scandal' in the autocomplete choices after their name, that tell me enough.

▲lg5689 5 hours ago | parent | next [-]

Large banks are far more conservative about these risks than the media portrays. Reputation and regulation are huge, if not existential, risks, and the senior management treats it this way.

▲freejazz 7 hours ago | parent | prev [-]

Tired of this kind of discussion here. It's so insubstantial. Do you have an actual point to make? I'm sure everyone here is aware that an investment bank the size of GS has been involved in scandal.