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>"And we wanted to put our money where our mouth was, so we committed to retaining KPMG, the well-respected auditing firm, to audit our code and practices annually and publish a public report confirming we're doing what we said we would."

It's worth pointing out that KPMG was Wells Fargo's independent auditor while the bank recently committed fraud on a massive scale by creating more than a million fake deposit accounts and 560,000 credit card applications for customers without their knowledge or approval.[1]

Calling KPMG a "well-respected auditing firm" when they failed to detect over a million fake bank accounts is a joke. See:

https://www.reuters.com/article/wells-fargo-kpmg/lawmakers-q...

[1] https://www.warren.senate.gov/files/documents/2016-10-27_Ltr...

I've worked with KPMG subsidiary for security audit. This is an E&Y kind of company, where you pay x4 to work with the least competent people because you need a familiar name stamped on some report.

KPMG has earned a few nickname acronyms because of this in Germany: "Keiner Prüft Mehr Genau" or "Kinder Prüfen Meine Gesellschaft" ("no one audits carefully anymore" and "children audit my company" respectively).

We have a few former KPMG employees. They have many stories to tell, about everything from glass ceilings to harassment.