EY, (formerly known as Ernst & Young) founded in 1989, is a multinational firm of professional services. It is one of the leading industries of assurance, tax and transaction. The company operates as a network of firms which are working separately in various countries. EY is one of the Big Four firms.
Basically, Ernst and Young is the derived from merged organizations. In 1989, Ernst & Ernst merged with Arthur Young & Co. and Ernst & Young has been formed globally.
In 2015, EY opened its first global security operations centre at Thiruvanthapuram, Kerala, India in order to decrease the cyber crimes.