Security shop Adarma ceases trading, confirms it will enter administration
ID: 89828768-0dba-562d-9fb7-64fc420ee1d1
STIX ID: report--89828768-0dba-562d-9fb7-64fc420ee1d1
Feed Name: The Register (Security)
Adarma, a UK-based cybersecurity provider, has entered administration after losing major contracts and subsequent investor funding, leading to immediate redundancies for 173 staff and the shutdown of most website operations. Interpath Advisory was appointed as joint administrators, with remaining staff retained to wind down the business as clients withdrew and operational costs became unsustainable.
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