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Tag: KPMG

Huddle's 'highly secure' work tool exposed KPMG and BBC files

Huddle's 'highly secure' work tool exposed KPMG and BBC files

Technology
The BBC has discovered a security flaw in the office collaboration tool Huddle that led to private documents being exposed to unauthorised parties.A BBC journalist was inadvertently signed in to a KPMG account, with full access to private financial documents.Huddle is an online tool that lets work colleagues share content and describes itself as "the global leader in secure content collaboration".The company said it had fixed the flaw.Its software is used by the Home Office, Cabinet Office, Revenue & Customs, and several branches of the NHS to share documents, diaries and messages."If somebody is putting themselves out there as a world-class service to look after information for you, it just shouldn't happen," said Prof Alan Woodward, from the University of Surrey. "Huddles contain som...
KPMG faces threat to Bank of England audit

KPMG faces threat to Bank of England audit

Business
KPMG is facing a battle to remain as auditor to the Bank of England‎ as rivals plot to end its decade-long tenure in the prestigious role.Sky News has learnt that officials from Britain's central bank contacted other accountancy firms in recent days to signal a contest that will threaten KPMG's hold on a position it has held since just before the run on Northern Rock in 2007.The review has been triggered by rules dictating that the Bank should put its audit work out to tender every five years, according to insiders.A source said the tender was issued on Monday using the Crown Commercial Service Framework, a Government-recommended process.KPMG's audit work for the Old Lady of Threadneedle Street spans the decade of the banking crisis and its aftermath, a period which has seen the Bank take