Ernst & Young has terminated a junior employee following allegations that he and another individual accessed the personal bank account of Australian Prime Minister Anthony Albanese.

The Sydney Morning Herald reports that two men have been charged in connection with the incident, which allegedly originated from a residence in Marrickville.

The firm confirmed the dismissal of the graduate, who was working at the time of the alleged breach.

The incident underscores the critical importance of data governance and access controls within professional services firms.

For a Big Four accounting firm, any breach involving high-profile political figures poses significant reputational risk and potential regulatory scrutiny.

The firm has referred the matter for criminal charges, indicating a zero-tolerance approach to unauthorized access.