This event generates a notification when a VSys Live user's account becomes locked out due to too many failed login attempts, and that lockout occurs during the Locked out between window. Checking Only if account is still locked out makes this event not generate a notification if, at the time the notification is generated or delivered, the user's VSys Live account is no longer locked out.
A notification is generated for each locked out account. If an account is locked out multiple times, only the most recent lockout will create a notification. In this example, a notification of an SMS/text message will only be generated if someone using VSys Live had been locked out of their account in the last day before this event and was still locked out.