Why is Bank of America’s Cybersecurity budget so high?

I need full complete answers . at least a page and a half

Please click on the below article from Forbes and read the very interesting article on Cybersecurity budget planning and how Bank of America accomplishes this goal! Complete your case study with a summary, analysis, opinion, conclusion and references.

https://www.forbes.com/sites/stevemorgan/2016/01/27/bank-of-americas-unlimited-cybersecurity-budget-sums-up-spending-plans-in-a-war-against-hackers/#256efbd0264c(Links to an external site.)Links to an external site.

Answer the following questions:

1. Why is Bank of America’s Cybersecurity budget so high?

2. What prompts the new budgetary planning?

3. What does the cybersecurity budget cover at Bank of America?

4. Does the budget cover any losts?