Bank of Ireland apologizes for 'free money' tech glitch
Bank of Ireland apologized on Wednesday after fixing a technical issue that allowed customers to withdraw or transfer more money than was in their accounts.
Aug 16, 2023
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Business
Bank of Ireland apologized on Wednesday after fixing a technical issue that allowed customers to withdraw or transfer more money than was in their accounts.
Aug 16, 2023
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Security
The White House on Tuesday held its first-ever cybersecurity "summit" on the ransomware attacks plaguing U.S. schools, in which criminal hackers have dumped online sensitive student data, including medical records, psychiatric ...
Aug 8, 2023
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Internet
Georgia could join other states requiring children to have their parents' explicit permission to create social media accounts.
Aug 8, 2023
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Business
A married couple from New York dubbed "Bitcoin Bonnie and Crypto Clyde" pleaded guilty on Thursday to laundering billions of dollars in stolen bitcoin, prosecutors announced.
Aug 3, 2023
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Business
Elon Musk is rebranding his Twitter platform as "X" and wants to create a super-app where users will do all their finances as well as their socializing.
Jul 26, 2023
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Internet
After a wildly successful first few days, Threads popularity has waned in the weeks since Meta launched its challenge to Twitter, which lives on despite its problems.
Jul 23, 2023
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Business
Elon Musk's Twitter acquisition, and the series of content policy changes that ensued, has led to a dramatic spike in hateful, violent and inaccurate posts on the platform, according to researchers. That's now the top challenge ...
Jul 19, 2023
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Internet
The college student behind the Twitter account tracking Elon Musk's private jet, whose account was banned after the billionaire purchased that social media site, has started an account on Mark Zuckerberg's new Twitter competitor, ...
Jul 14, 2023
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Business
US prosecutors arrested the former head of Celsius Network on fraud charges on Thursday, a year after the cryptocurrency platform filed for bankruptcy protection while owing investors $4.7 billion.
Jul 13, 2023
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Business
Chinese-based hackers seeking intelligence information breached the email accounts of a number of US government agencies, computer giant Microsoft said.
Jul 13, 2023
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Accountability is the concept in ethics and governance with several meanings. It is often used synonymously with such concepts as responsibility, answerability, blameworthiness, liability, and other terms associated with the expectation of account-giving. As an aspect of governance, it has been central to discussions related to problems in the public sector, nonprofit and private (corporate) worlds. In leadership roles, accountability is the acknowledgment and assumption of responsibility for actions, products, decisions, and policies including the administration, governance, and implementation within the scope of the role or employment position and encompassing the obligation to report, explain and be answerable for resulting consequences.
As a term related to governance, accountability has been difficult to define. It is frequently described as an account-giving relationship between individuals, e.g. "A is accountable to B when A is obliged to inform B about A’s (past or future) actions and decisions, to justify them, and to suffer punishment in the case of eventual misconduct". Accountability cannot exist without proper accounting practices; in other words, an absence of accounting means an absence of accountability.
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