SecurityBrief Australia - Technology news for CISOs & cybersecurity decision-makers

Insolvency stories - Page 2

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How to achieve technology-fuelled growth with finance

Wed, 31st Mar 2021
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2020 highlighted the reliance on technology in business, so leverage it to your advantage. Here's how to achieve tech-fuelled growth and fund it properly.
Retail

Why embracing cloud-based communication applications can give retailers a boost – 8x8

Wed, 28th Aug 2019
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For the Australian retail sector, finding ways to cut costs and improve productivity has never been more important.
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eCommerce requires beefed up cybersecurity to function well

Tue, 20th Feb 2018
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In an increasingly interconnected world, online shopping and electronic transactions have now transcended its innovation status.
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The disruptive force of blockchain and how it will shake up business as we know it

Mon, 10th Jul 2017
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Blockchain technology is set to disrupt every aspect of business, from tax to governance, according to RSM Australia.
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Visiting cybercrime expert says the deep web can benefit NZ businesses

Wed, 3rd May 2017
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Believe it or not, the deep web can actually benefit New Zealand businesses, according to visiting cybercrime expert Dr Stephen Hill.
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How IT firms can protect themselves from insolvency

Wed, 26th Apr 2017
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Insolvency is a word that few IT firms want to encounter, especially because of late payments or non-payments that can potentially damage cashflow.
Man chasing cash

Employee claims he’s owed $100,000 by Kiwi tech company in liquidation

Fri, 16th Sep 2016
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If you were owed $100k from your company, you’d feel pretty aggrieved wouldn’t you? Ex-employee, Lawrence Sami certainly feels that way.
Economic slowdown

Australian businesses: Prepare for an economic slowdown

Wed, 24th Feb 2016
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Business risks are expected to increase in 2016. At the same time, it is unlikely there will be any improvement in the coming year.
Red

NZTG cleans up 'unfortunate situation' through deal with RS Comms

Tue, 2nd Feb 2016
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New Zealand Technology Group teams up with RS Comms to provide telecoms services to small and medium-sized businesses.
Liquidation

Optimizer HQ subsidiaries’ debts likely to top $11 million

Fri, 18th Dec 2015
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Claims against two Optimizer HQ subsidiaries are likely to hit $11.3 million, with liquidators reviewing the sale of business assets pre-liquidation.
Sold

Mako Networks sold to US provider

Wed, 7th Oct 2015
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United States telecommunications service provider D&S Communications has acquired the assets of Mako Networks from the company’s receivers.
Iou wnt30bl

Spark calls in receivers for Mako Networks

Tue, 25th Aug 2015
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Mako Networks in liquidation, Spark steps in as secured creditor to appoint receivers, thwarting the tech firm's financial tailspin.
Bankrupt

Blue Chip's Bryers accused of muddying Talos role

Tue, 3rd Mar 2015
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Former Blue Chip boss Mark Bryers was accused of contriving to present himself as a consultant to Talos Accounting Group, when he was actually running.
Xero

Up to 70 Shanton Fashions staff to lose their jobs in restructure prior to sale

Thu, 26th Feb 2015
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Up to 70 staff, just under half of those working for Shanton Fashions, are losing their jobs as 17 stores close under a restructuring process before.
Piggy

iData Kiwi debts top $2 million

Tue, 10th Feb 2015
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iData Resolutions, which crashed into liquidation last month, has debts of more than $2 million for the New Zealand operation according to the liquida.
Dd

Pos Pos hits the wall in AUS, NZ impact unclear

Fri, 23rd Jan 2015
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Mecari Pty, once Pos Pos, hits receivership in Oz; NZ arm's destiny hangs in balance as clarity eludes stakeholders.
Screen shot 2012 10 17 at 12

Vector chairman strengthens Plan-b board

Wed, 17th Oct 2012
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Michael Stiassny has been appointed to the board of Plan-b, New Zealand’s only end-to-end business continuity provider.
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Maclean creditors unlikely to be paid

Thu, 16th Aug 2012
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Liquidators insist staff will be paid but funds for suppliers, vendors and partners are unlikely to be recovered.
Rebirth for maclean computing

Rebirth for Maclean Computing

Wed, 1st Aug 2012
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Chris Maclean revives his family's IT legacy, buying back Maclean Computing's assets to launch Maclean Technology, a bold step beyond liquidation.
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Liquidators list Maclean creditors

Fri, 20th Jul 2012
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Failed IT firm Maclean Computing leaves 89 creditors, including tech giants and small businesses, $3m out of pocket as liquidation proceedings begin.