November 20, 2017

Software Bugs Led to 1 Million Inaccurate Car Loan Records, Tech Company Admits in CFPB Agreement

November 20, 2017 by Sam Knight

Records on roughly one percent of outstanding auto loans in the United States were plagued last year by inaccuracies caused by a software company’s negligence. Source code used by Conduent Business Services was buggy for years and the company knew it, according to details of a consent order released Monday by the Consumer Financial Protection Bureau. The CFPB said that Conduent data last year alone was off for “over one million of the more-than 6.4 million consumer accounts” that the company oversees. Bureau officials noted…

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U.S. Military No Longer Cool With Narcotics Labs in Afghanistan, Bombs Them

November 20, 2017 by Sam Sacks

The US Commander in Afghanistan announced several airstrikes on Sunday against opium production facilities, marking a shift in the Pentagon’s approach toward the booming illicit drug industry in the country. Army Gen. John Nicholson reported that roughly ten opium laboratories in the Northern Helmand province were destroyed in the barrage. The purported aim of the strikes was to cut off Taliban insurgents’ revenue streams. The Washington Post noted the assault was the “first significant use” of new authorities President Trump bestowed upon the Pentagon, giving military…

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