Liquidators of a major Gold Coast builder say the company was subject to a devastating “ransomware attack” before it collapsed. WHAT IT MEANS FOR CREDITORS Kathleen Skene Follow 3 min readJune 3, 2022 - 3:18PM Gold Coast Bulletin
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Liquidators of Gold Coast builder Pivotal Homes say the company was subject to a devastating ransomware attack in the weeks before it collapsed.
The hack means Pivotal’s financial information will have to be painstakingly pieced together using paper records.
Meanwhile, it has emerged a Ferrari, bought for $440,000 in 2018 and listed as a company asset, was sold a few months ago.
Pivotal Homes went into administration on May 26, leaving the future uncertain for more than 200 new home builds and 16 staff.
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