Mizuho Bank ordered to report preventive steps over major ATM glitch

Mizuho Bank has been ordered by financial regulation authorities to submit preventive steps following a system failure that blocked access to thousands of the major Japanese bank's automated teller machines last weekend, sources familiar with the matter said Wednesday.The Financial Services Agency is asking Mizuho Bank to submit a detailed report on preventive measures as well as the cause of the glitch. The agency is likely to decide whether it will take disciplinary steps such as issuing a business improvement order based on the report, the sources said.The problem, which began on Sunday…READ FULL ARTICLE