Pier 1 to Liquidate After 58 Years in Business

Jannie Delucca

A individual bankruptcy courtroom choose has approved Pier 1 Imports’ prepare to completely wind down its functions, sealing the demise of the house furnishing business following 58 many years in enterprise.

As part of the prepare, Pier I will commence an “orderly liquidation” of its remaining stores as shortly as fairly probable following the stores reopen with the easing of coronavirus lockdowns. It will also look for to market all remaining belongings such as its intellectual property and e-commerce enterprise.

“This is not the end result we hoped for when we began [the Chapter 11] course of action, and we are deeply saddened to transfer forward with winding down Pier 1,” CEO Robert Riesbeck reported in a news launch.

Pier 1 submitted Chapter 11 in February to facilitate a sale of the business. Its earnings had declined for nine consecutive quarters and it was struggling to services a very long-time

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Just 1 of the NHS’s 200+ Trusts Has a Clean Security Scorecard

Jannie Delucca

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“The common score across the trusts was 63 percent”

A mere one of the NHS’s 200+ trusts has handed the government’s “Cyber Necessities Plus” examination, according to a worrying new audit report.

The Countrywide Audit Business (NAO) report reveals that of the 204 trusts that had obligatory on-web-site cybersecurity inspections, only one got the total pass mark needed for “Cyber Necessities Plus” accreditation.

See also: The UK’s Freshly Streamlined “Cyber Essentials” 

To get the NCSC-backed certificate, organisations need to have a 100 percent pass mark towards a variety of protection exams, which include an external vulnerability evaluation, an inside scan and an on-web-site evaluation.

These check out entry manage, firewall configurations and patch management processes, among the a variety of other components.

Most trusts did not come close to a cleanse sheet.

NHS Trusts Cybersecurity Checks: Scores Ring Alarm Bells

“The common score across the trusts was

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