Silicon Valley Bank Executives
Silicon Valley Bank Executives Knew Of Security Risks Before Collapse
According to a person familiar with the matter, executives at the firm, Silicon Valley Bank were told of cybersecurity problems both by internal employees and by the fed, but ignored the concerns. Because they don't care anything that might cut into their profits. They're not going to do anything about it unless they're forced to do something about it.
And that's the thing they're not forced to. I'm going to say one last time. Guys, it isn't about greed. Everybody always says, oh, they got greedy. No, greed is built into the system. You have to maximize profit.
So if those guys weren't greedy and took excessive risk and didn't ignore the fed and the internal, folks telling them there's massive problems they would have been fired and replaced by other guys who would have been maximum greedy because that's what the corporation demand.
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