Assuming they don't have the reserve funds to cover the loss (which seems likely), 55% recovery is probably more than those same customers would get if the exchange went bankrupt instead.

Sucks for those customers, but when you put your money in the hands of unregulated, unsupervised companies that have no legal obligation to hold a certain level of security funds (like all regular banks etc. do) this is one of the risks you're accepting.

> Anyhow, that's not really a Teams problem now is it? That's Outlook.

Full name <actual.address@company.com> ...is a standard way of representing email addresses. For once, it's not Outlook's fault.

AD is incredibly easy to integrate with. There are thousands of third-party applications, including open source packages running on Linux or Java which integrate successfully with AD, since it is so easy to do. It is actually a little easier to perform user authentication against AD than against OpenLDAP (for example) using standard LDAP libraries.