Ya, this time I am with the bad boyz.
..Given the outrageous compensation many top-execs are able to extort from their companies (at the expense of some thousands "redundancies"), I see no evil in that.
And if a CIO is not able to defend himself from those pesky attacks... Well it speaks for itself.
I would not be surprised if those leeches would invent an additional compensation to cover "hacking expenses"....
Me, no manager, just humble SysAdmin ;-)