The never ending cost of low quality outsourced digital transformation. Pathetic how many large corps have been hit. And tax payer has to foot the ever growing bill to investigate and defend these useless orgs.
It's not even just offshore. Some onshore consultancies are really of agasp quality.
My current impression is: consumers don't care, regulators don't care... so why should CEOs care?
Source: my company was hit a couple months ago
You might be put at ease to read all that debt is a hallucination humanity has no obligation to pay.
Also after decades in IT hearing about one lapse in security after another (including entire iron mountain trucks being robbed back in the day) yet society seems capable of shrugging them off, it’s hard to take the anxiety seriously.
It’s possible the CEOs are not the only people in IT inflating the value of their contributions and ideas.