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Read Bloombergs coverage of the Wells Fargo scandal (http://bloom.bg/2cKZV3i)and answer the following questions: 1. Can what happened at the bank be considered a security failure?

Read Bloombergs coverage of the Wells Fargo scandal (http://bloom.bg/2cKZV3i)and answer the following questions:

1. Can what happened at the bank be considered a security failure? Explain why/why not.

2. What should have reported the wrongdoing to senior management? An IT assessment? An IT audit? Or both? Provide justification for your answer.

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