failures

Bank of America fined $1.21 billion as regulators cite failures involving $5 billion in suspicious activity: What went wrong?

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Bank of America faces a $1.21 billion US fine over failures to report suspicious transactions, with the penalty expected to hurt quarterly earnings.. Photographer: Michael Nagle/Bloomberg (Bloomberg)

Bank of America has been fined $1.21 billion by US regulators over failures to detect and report suspicious financial activity, including transactions worth more than $5 billion, as per Reuters. Bank of America faces a $1.21 billion US fine over failures to report suspicious transactions, with the penalty expected to hurt quarterly earnings.. Photographer: Michael … Read more

Five adopted Black children abused by white parents awarded $4.4 million settlement after CPS failures in West Virginia; some were forced to live in a shed without running water or a bathroom

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Five adopted Black children abused by white parents awarded $4.4 million settlement after CPS failures in West Virginia; some were forced to live in a shed without running water or a bathroom

Jeanne Kay Whitefeather and Donald Lantz were sentenced to decades in prison for abusing the children. (Photo: WCHS TV) Five children who were subjected to years of abuse and neglect by their adoptive parents in West Virginia have been awarded a $4.4 million settlement from the state Department of Human Services following failures by Child … Read more

What caused Outlook outage? Microsoft reacts amid email failures, authentication issues

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Microsoft is addressing a significant outage affecting Exchange Online, resulting in authentication problems and email delivery delays. (Unsplash)

Microsoft is currently looking into a significant service disruption that is leading to authentication problems and delays or failures in email delivery for Exchange Online users. Microsoft is addressing a significant outage affecting Exchange Online, resulting in authentication problems and email delivery delays. (Unsplash) The company first recognized this situation (identified as EX1464935 in the … Read more