#bigfour — Public Fediverse posts

The quantum industry has a credibility problem, and announcements like this one from EY make it worse. EY says it installed a quantum computer in Toronto for "optimization, fraud detection, data protection and large-scale risk management." No vendor named. No qubit count. No specifications. I reached out to EY's media contact and CTO - no response.

One journalist got them to confirm it's photonic.

Here's the problem: no photonic quantum computer on Earth can do optimization, fraud detection, or risk management. Not Xanadu's. Not ORCA's. Not anyone's. The photonic modality has the largest gap to useful computation of any quantum platform I track in my CRQC Scorecard.

Buying a quantum computer before they're useful? Actually smart. I wrote many posts defending exactly that logic. Procurement cycles are long. Talent is scarce. Institutional learning takes time.

But describing a research-grade photonic prototype as a machine for "processing highly sensitive workloads" in fraud detection and risk management? That's the kind of claim that makes tech execs roll their eyes at the entire quantum industry.

Joe Depa told Accounting Today the real focus is readiness and PQC. That's honest and a praiseworthy initiative. If that's what EY said, I'd congratulate them. The press release says something else. The gap between the two is the problem.

My full analysis, including two plausible vendors, what they can actually build, and what to watch for on August 5: https://postquantum.com/industry-news/ey-quantum-computer-toronto/

#QuantumComputing #PostQuantum #PQC #PhotonicQuantum #QuantumSecurity #CyberSecurity #BigFour #EY #CISO

@ketan

I hope that they have an idea of how much this hurts their reputation, the trust that the public has in their reports and the fees that they can charge customers for their AI-generated reports.

I can understand that people use AI, but how reputable companies publish these reports without rigorous fact-checking is beyond me.

#BigFour #PWC #EY #KPMG

Le dernier concert de Megadeth au Hellfest #HeavyMetal #live #TrashMetal #BigFour - ARTE Concert More concerts on our website: https://www.arte.tv/concert You can also find us on: Facebook: https://www.facebook.com/ARTEConcert Instagram FR: https://www.instagram.com/arteconcertfr Instagram DE: https://www.instagram.com/arteconcertde

› https://feedbot.net/watch/YU1MaO13FV8 via @feedbot

India Safari Tours: The Ultimate Guide to Wildlife Adventures in India for 2026-27

https://indiasafaristrends.wordpress.com/2026/06/17/india-safari-tours-the-ultimate-guide-to-wildlife-adventures-in-india-for-2026-27/

So let's get this straight: KPMG — right in the middle of a scandal for stealing confidential client info to rig audit bids — was put in charge of the RBA's whistleblower hotline. Yes, really. Let that land. Now, predictably, the RBA is finally ditching them and retendering the contract. But this isn't just one firm getting caught — it's the whole Big Four grift, baked into the system. As long as corporate power polices itself, nothing changes.

And I'm old enough to remember when the media worked itself into a frenzy over council workers standing around with their hands in their pockets. "Grifters!" they cried. "Waste!" "We need to privatise!" — that was the war cry. Meanwhile, the real grift just puts on a consultant's suit, bills by the hour, and never has to stand in front of a camera and answer for it.

#auspol #kpmg #bigfour #corporategovernance #audit #outsourcing #privitising

https://www.abc.net.au/news/2026-06-05/rba-likely-to-cut-ties-with-kpmg/106761504

#Tether has hired a #BigFour #accountingfirm to conduct its first full #financialaudit, moving beyond the quarterly attestations it has previously used. The audit will provide a comprehensive review of Tether’s financial statements, including its reserves backing the #USDT #stablecoin. https://www.theblock.co/post/394883/tether-hires-big-four-auditor-for-first-full-reserves-audit?eicker.news #tech #media #news