I personally believe that she was backed into a corner, based on the interviews I watched from some time before the breach (that I can't show you, and I won't link to the transcripts because I know they are incomplete and by far less impactful.)
She sounded to me, exactly like a person who was given a budget that was effectively no budget, and then put into this role because people with a larger stake were sure that she would comply when they said "this is your budget, and not a penny more." I know exactly what that is like, because I have been made CIO and put in that position before. (I'm sure she was better paid than I was...)
There is absolutely 100% a coverup going on. I am so bummed that I did not save the interviews when I first watched them. You would agree too, if I could show you.
Edit:
Here is the transcript, but with the disclaimer that it is 100% not the full transcript. Although it is in her own words. Make your own judgement about her qualifications please.