There is no such thing as the hack-proof computer.
Once we accept that reality, the next challenge is to acknowledge that a certain amount of IT risk is a part of conducting business. Risks also come in many different forms. I'm often asked which is worse -- regulatory, policy or compliance risk? I believe it may...
The FDIC-assisted BB&T acquisition of Colonial is ironic and inexplicable. The acquisition means that federal regulators have allowed a bank, already "too big to fail," to continue to grow massively.
We should learn several lessons from the BB&T acquisition of Colonial: