It was reported that in mid-May that Interserve was involved in a cyber attack, involving the theft of information on current and former Interserve employees.
According to The Telegraph, the data breach occurred when hackers broke into a human resources database owned by Interserve on 9 May 2020.
The information stolen in the breach could have included sensitive data such as employee names, addresses, bank details, payroll information, next of kin details, HR records, dates of absences and pension information.
This follows news that finalising the administration of Interserve is to be delayed due to the global pandemic.
Deleveraging plan rejected
On 15 March 2019, Robert Hunter Kelly and Alan Michael Hudson were appointed as Joint Administrators of Interserve PLC, a result of a decision by Interserve’s Board of Directors, following the shareholders vote against the Deleveraging Plan.
The Deleveraging Plan would have provided the Interserve Group with the required liquidity and headroom to continue to trade. Without additional liquidity, Interserve PLC was in default of its banking facilities and could not pay its debts as and when they fell due.
Immediately following their appointment, the Joint Administrators completed a sale of the business and substantially all of the assets of Interserve PLC to a specially formed company, Montana 1 Limited, which will trade as Interserve Group Limited.
A two-year extension has been granted to the administrators until March 2022.
Interserve is one of the UK’s biggest government contractors providing a range of services including construction, security, cleaning and catering.
The outsourcing company was also recently involved in building Birmingham’s Nightingale Hospital, one of seven Nightingale Hospitals in the UK set up by NHS England as part of the coronavirus response.
Interserve Construction has also announced today that they have delivered a new ward at Royal Preston Hospital, giving extra capacity to treat COVID-19 patients during the pandemic.
Picture: A photograph showing a person’s hand typing at a computer keyboard
Article written by Ella Tansley
Interserve Reaction – Firm Given £Millions In Public Contracts Despite Nationalisation Plan
Interserve was handed £233 million worth of public sector contracts in recent months despite being on a government ‘watch list’ set-up to avoid…
Interserve To Rise Like A Phoenix From Ashes Of Fire Sale?
Administrators were appointed to Interserve Plc on Friday March 15 – within minutes, the entire Group’s business and assets were sold to a newly incorporated company…
More Global FM Firms Hit By Cyber Attacks
EMCOR Group and Bouyges are the latest FM companies targeted by malicious software attacks.
The website of EMCOR Group, the global providers of facility…
Interserve And E.ON Awarded Accolade For Cup Plan
Interserve and E.ON have been awarded an Oceansaver Accolade for their plan to remove more than 1,300,000 single-use plastic cups from E.ON sites and replace them…
Nice People Come Last at Christmas
An HSBC report says fraud victims (especially during the festive season) are 10 per cent ‘nicer’ than those who’ve not suffered at the hands of…
PFM Awards – Judges Wrangle Over Winners
The evening of November 6 saw the 2019 PFM Partnership Awards dished out – but according to the organiser, the winning of the gongs was not as straight-forward as has…
WeWork Back To Work After Bank Rescue Package
WeWork the flexible/co-working office space company (which has expanded at a global rate) was rumoured to have been in severe financial dire straits with 2,000…
Central Working Not Working – And Other Collapses
Central Working a co-working property company with 11 UK premises has been forced to call in the administrators just as the massive WeWork business was on the verge of…
Bristol Build Firm Goes Bust
A prominent Bristol construction services firm has fallen into administration with the loss of 30 jobs. Dribuild Ltd entered into administration on October 4 after facing…
Triumph Takes A Tumble – Office Furniture Co Goes Bust
An office furniture manufacturer has gone bust with 239 jobs to go immediately with 13 almost certainly to follow once administration is complete. The announcement was…
— to www.twinfm.com