A Certain Big 4 Firm Gets Another Chance to Screw Up a State’s Unemployment Benefits System
We can’t fool you guys. Of course it’s Deloitte! Hopefully Uncle D will do a bang-up job this time for the state of Michigan, unlike some of the other state unemployment benefits systems it has handled (or mishandled) like Florida, Illinois, Colorado, and California. The Detroit Free Press reported on Nov. 15: Michigan’s Unemployment Insurance […]
An Accounting Firm Gets Phished: A Play In Two Acts
The other day — OK it was actually 12 days ago — we got a random email in our editor inbox. This is not uncommon, said inbox serves as the garbage disposal into which reader complaints go. Just kidding, we love feedback. Really. The editor inbox is a hub for reader comments, advertising requests, story […]
If Your Password Is ‘123456,’ You Are Dumb and Lazy
From ZDNet: After analyzing 275,699,516 passwords leaked during 2020 data breaches, NordPass and partners found that the most common passwords are incredibly easy to guess — and it could take less than a second or two for attackers to break into accounts using these credentials. Only 44% of those recorded were considered “unique.” The password manager solutions […]
Deloitte Sued By Unemployed Ohioans Who Are Unhappy Their SSNs and Addresses Were Visible For All to See
Welp, that didn’t take long: Deloitte Consulting LLP was hit with two suits by people who claim their personal information was exposed on state websites the firm built to administer supplemental coronavirus unemployment benefits. A group of Ohio residents sued Deloitte late Thursday in Manhattan federal court, after officials in that state, Illinois and Colorado disclosed […]
Deloitte Is Giving Unemployed Gig Workers In Some States Something Extra to Worry About
Imagine being an out-of-work independent contractor living in Ohio during this pandemic, anxious and unsure of when you’re actually going to get some financial assistance from the state because Ohio’s unemployment systems are being blown up with regular unemployment claims. Finally you get word that you can now file for unemployment benefits through the new […]
KPMG Mexico Could Be Facing Fine of Up to $1.6 Million For Huge Data Leak Blunder
Mexican authorities said KPMG Mexico could be fined as much as 30 million pesos (about $1.57 million) for exposing the confidential payroll data of employees at 41 of its clients, which was housed in an unsecured database that wound up on the Internet. According to El Economista, the National Institute of Transparency, Access to Information […]
Apparently KPMG Mexico Exposed Some People’s Personal and Tax Information For All the World to See
Just when you thought things couldn’t get any worse for KPMG, we have this news coming out of Mexico. And it seems really bad. José Soto Galindo of El Economista reported (translated from Spanish): A group of software developers of KPMG Mexico downloaded without authorization from their holders digital tax receipts from the Tax Administration […]
How Controllers Can Step Up Their Cybersecurity Game
There’s a good reason why cybersecurity is ranked extremely high on the priority list of Trey White, CPA, and other controllers and chief accounting officers in the healthcare sector. According to a report from the Identity Theft Resource Center and CyberScout, 376 (34.4%) of the 1,093 data breach incidents reported in 2016 occurred in the […]
Cyber Espionage Is a Thing You Should Start Worrying About
I’ve waited with bated breath for the 2017 Verizon Data Breach Investigations Report and it’s finally out. It’s full of juicy, nightmare-inducing cybercrime data again this year. The most recent report analyzes 1,935 breaches and 42,068 incidents across 84 countries, and, according to the experts, the data set confirmed that this was the “year of […]
PwC Unable to Protect Under Armour’s House
So to speak. You see, someone at Papa Whiskey Charlie dropped a flash drive that contained a lot of pertinent Under Armour employees' information in the mail and yep! it's missing. Baltimore-based Under Armour Inc. told employees in an email message that an unencrypted thumb drive containing employee payroll information was lost in the U.S. mail […]