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ecf | 2 years ago

> I have no idea how something like this can even happen. In a company of that size it should be actually impossible for a transaction like this to occur without clearly documented processes to ingest, review, authorise and pay transactions.

After having worked IT for various startups I cannot understate just how much executives and other higher ups detest policies that make them verify who they are. It short circuits something with their ego.

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ricardobayes|2 years ago

True, I was closing a real estate deal once with a rich guy and he called his private banker for something. He had a near-meltdown that they asked some kind of verification question from him.

noobermin|2 years ago

Something a bit poetic to have such people be stolen from. It might be good for their overall mental health.