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#ey — Public Fediverse posts

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  1. 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: postquantum.com/industry-news/

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

  2. EY has expanded its SymphonyAI alliance beyond retail and financial services into manufacturing, embedding SymphonyAI's IRIS Foundry platform into EY's Order-to-Cash Value Blueprint. iottechnews.com/news/ey-widens #ey #symphonyai #iiot #manufacturing #digitaltransformation #ai #tech

  3. @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

  4. 🚨 ShinyHunters claims responsibility for data breach at Ernst & Young (EY) data is threatening to leak stolen files by July 31.

    Listen/Read: hackread.com/shinyhunters-erns

    #CyberSecurity #DataBreach #ShinyHunters #EY #CyberAttack

  5. RE: cyberplace.social/@GossiTheDog

    How long do we keep hiring companies like EY and KPMG when they are making these kind of mistakes, and these are not the first, there were earliers scandals not related to AI. The wrong conclusion is that AI will not fundamentally change things, the right conclusion is that KPMG and EY are totally unreliable companies that shouldn't be hired after this and earlier scandals.
    #AI #KPMG #EY #Consultancy

  6. wacoca.com/life/409931/ AIがインフラ化する時代の旅行ビジネス、日本の価値と人間の役割はどう変わるのか? ―WiT Japan 2026レポート|トラベルボイス(観光産業ニュース) #ai #ey #Ryoko #Travel #wit #イベント #オーバーツーリズム #サステナブル #デジタル・テクノロジー #レポート #旅行

  7. "The question isn't whether #AI will replace #DevOps engineers. It's whether you understand your systems well enough to know when it's wrong. It will be wrong. And it won't tell you." - Heinan Cabouly

    Companies in regulated industries such as #TDBank, #Vega and #EY are proceeding with caution with #AIagents for #InfrastructureasCode -- but proceeding nonetheless. And a new developer interface for IT automation might be taking shape...

    Get all the details, including #Ansible by #RedHat 's approach to this shift, in my latest writeup here: techtarget.com/searchitoperati

  8. Ihr könnt jetzt keiner Consulting Bude, die Euch einen KI Bericht liefert, mehr trauen. Das sind die Schippenverkäufer, die neben dem -hersteller Nvidia noch Geld verdienen. Fast alle anderen zahlen drauf. Ihr fast sicher auch.

    Und wenn die KI einen Security Report mit falschen Referenzen generiert und Ihr den jemandem vorlegt, seid Ihr übrigens voll verantwortlich.

    Geschäftsführung haftet mit Privatvermögen.

    it-daily.net/shortnews/ki-skan

    #AI #AIslop #consulting #mckinsey #ey #deloitte

  9. Interessanter Fall aus der Praxis: EY hat laut Bericht einen Cybersecurity-Fachreport zurückgezogen, nachdem GPTZero viele fehlerhafte bzw. KI-erfundene Quellenangaben gefunden haben soll. Für mich ist das weniger „KI ist böse“, sondern ein Governance-Thema: Wenn generative Modelle in Redaktionen laufen, braucht es zwingend echte Quellenverifikation und einen klaren Review-Prozess. #KI #Cybersecurity #Governance #AI #EY #kuenstlicheIntelligenz

  10. DAX-Konzerne steigern laut EY ihre Gewinne trotz Umsatzflaute

    Die 40 Konzerne im DAX konnten ihre Gewinne im ersten Quartal insgesamt steigern - trotz der anhaltenden Konjunkturflaute. Dabei zeigte sich aber ein sehr gemischtes Bild. Eine Branche überflügelt den Rest.

    ➡️ tagesschau.de/wirtschaft/finan

    #DAXKonzerne #EY #Marktbericht

  11. "A 44-page report titled “Points of Attack: Uncovering Cyber Threats and Fraud in Loyalty Systems” looks like many others that management consultancy EY publishes every year.

    These types of reports are the bread and butter of the biggest consultancies on the planet — thought pieces about business that help cement their position as organizations to be commissioned to help companies understand their place in the world, and how to maintain it. EY’s consulting arm generated over $16.4 billion in revenue last year.

    There’s just one problem. Dig into this particular report, published in December 2025 — particularly its “resources” section, which provides links to sources of the data and claims cited throughout the document — and things don’t add up.

    “It’s riddled with hallucinations,” said Edward Tian, a former employee at journalism website Bellingcat and Princeton University researcher who set up GPTZero, an AI-detection firm that shared its investigation exclusively with Sherwood News.

    EY didn’t respond to multiple requests for comment.

    The document is a standard advisory report describing the state of cybersecurity weaknesses in the travel industry’s loyalty points ecosystem. But it appears to have issues with citing nonexistent sources."

    sherwood.news/tech/ai-hallucin

    #AI #GenerativeAI #Hallucinations #Consulting #EY

  12. Just heard on RTÉ's Morning Ireland a clear call for real efforts to be made in the 'green transition' and weaning off fossil fuels - made by those crusty tree-hugging hippies in..

    *checks notes*

    ..EY.

    #GreenTransition #ey #mastodaoine #rtenews #decarbonisation #FossilFuels #Climate #ClimateCrisis

  13. Marktbericht: Nahost-Krieg bremst Börsengänge

    Trotz eines Rückgangs bei der Anzahl an Börsengängen ist ihr Gesamtvolumen im ersten Quartal deutlich gestiegen. Das lag vor allem daran, dass mehr große Unternehmen an die Börse gegangen sind.

    ➡️ tagesschau.de/wirtschaft/finan

    #Börsengang #IPO #DAX #EY

  14. #China, #Zölle, #EAuto-Delle:

    Wie tief steckt die #Autoindustrie in der #Krise? Constantin Gall #EY (235)

    Droht der #deutschen #Autoindustrie wirklich ein kleines Detroit – oder wirken die Zahlen gerade schlimmer, als die Lage tatsächlich ist?

    Darüber sprechen Luca Leicht und Gerd Stegmaier in dieser Folge von #Moove mit Constantin Gall von #EY...

    #Moove

    @amsMoove

    m.youtube.com/watch?v=eWj9z7Kd

  15. @davidarnell @fsinn

    Its a global rise in "billionaires hiring racists to bang bang bang on our many democracies."

    Its a heist, a plot, a hostile takeover. Punish them.

    It's not social change, it's billionaires, it's a bunch of assholes in a car screaming "give me my money!" as they drive to the bank they're robbing.

    Its the coup billionaires tried in England before WW2 with the deposed king. Its money, it's Pedos, it's psychopaths on a salary.

    #uspol #ey #cdnpoli #coup #billionaires