i've been looking through a few sites this morning regarding this whole Phorm thing. I too wondered why Ernst and Young's name was constantly being bandied about.
I found this
SITE which again used the Privacy International spin, which we know PI have refuted. They also claim in the article that APACS the UK payments association love it too .
It seems that any intelligence has vanished from these organisations, and they're falling hook line and sinker for the Phorm "it's safer" spin.