Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
Back to profile3 entries
2026
EY data breach notifications reveal Goldman Sachs and Man Group clients among victims
Issue disclosure
Notifications sent in recent weeks revealed that clients of Goldman Sachs' wealth management division and UK-listed hedge fund Man Group were among the victims of a data breach at accounting firm EY. The breach stemmed from a hacking incident in March and April that EY first disclosed in July, originating from a vulnerability in Checkmarx software that affected EY, several clients and many other organisations.
Notifications sent out in recent weeks reveal that clients of Goldman Sachs' wealth management division and UK-listed hedge fund Man Group are among the victims of a data breach at accounting firm EY. The breach stemmed from a hacking incident in March and April that EY first disclosed in July, originating from a vulnerability in Checkmarx software that affected EY, several clients and many other organisations.
Company response
Ongoing disclosure — EY
according to notifications sent out in recent weeks
Clarification — Goldman Sachs
The bank's systems weren't affected by the attack, a Goldman spokesperson said in an emailed statement, adding that client assets weren't impacted and "remain safe."
Source excerpt
The disclosures widen the circle of victims of a hacking incident in March and April that the accounting firm first disclosed in July. It stemmed from a vulnerability in Checkmarx software which affected EY, several clients and many other organisations, the firm said.
Clients of Goldman Sachs’ wealth management division and UK-listed hedge fund Man Group are among the victims of a major data breach at big four accounting firm EY, according to notifications sent out in recent weeks.
The bank's systems weren't affected by the attack, a Goldman spokesperson said in an emailed statement, adding that client assets weren't impacted and "remain safe."
2021
EY fined over Stagecoach audit failings
Fine or penalty
The UK Financial Reporting Council fined EY more than £2.2 million for failing to properly challenge Stagecoach’s bosses when auditing the transport group’s 2017 accounts. The regulator said the audit shortcomings were not intentional, dishonest, deliberate or reckless.
Source excerpt
EY has been fined more than £2.2m by the UK accountancy watchdog for failing to properly challenge Stagecoach bosses when auditing their accounts for 2017.
Professional services firm EY has been fined £2.2m by the UK's accounting watchdog for failings in its audit of bus company Stagecoach.
2020
UK accounting regulator investigates EY over NMC Health audits
Investigation
The UK accounting regulator opened an investigation into EY concerning its audit of NMC Health. The source does not state when the investigation was opened. The event is recorded as a controversy note involving EY and its audit work for NMC Health, based solely on the reported investigation. No further details on the scope, findings, or outcome of the investigation are provided in the source material.
Source excerpt
The UK accounting regulator has revealed it has opened an investigation into EY over its audit of troubled healthcare firm NMC Health, which tumbled into administration last month.