The £7 billion Carillion collapse has the UK government talking about breaking up the Big Four accounting firms

Carrillion was the UK government's go-to outsourcing partner, a company with a long and disgraceful history of putting profits before people -- perhaps that's why HM Government was so ready to believe in the company's robust financial health as it amassed £7B in debts and then collapsed, spectacularly, leaving the UK in financial and infrastructural disarray. Read the rest

Deloitte got comprehensively hacked in March and didn't tell anyone

Big Four accounting firm Deloitte, with $37B in annual revenues, found out that it had been hacked in March, and the hackers appear to have been inside its systems (supplied by Microsoft through its Azure cloud) since the previous October or March. Read the rest