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We've talked a couple of times about the Wells Fargo Bank - account opening scandal. Here's an
overview of the story:
http://abcnews.go.com/Business/timeline-wells-farg...
What do you think was the fundamental problem that created these behaviors among the
employees and low-level managers? What could Wells Fargo have done differently in response
to the early reports of the problems?
How might information security principles that we've discussed thus far been applied to mitigate
the risk of these bad behaviors, and of the damage that they have produced?
For this you must do your own posting.
2-3 paragraphs for your initial posting.
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Explanation & Answer
here is the answer
The problem that caused the wells-Fargo scandal is the need of the company to grow in the
market, they made their employees seek a bigger share of the market, this encouraged the
employees to engage in improper sales practices to meet the desired goals of the bank and get
financial rewards. Authorities allege that employees were motivated to earn more money...
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