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The insolvency firm branches out with the help of two specialist recruits.
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Mackay Goodwin adds R&D, cyber security teams
23 November 2023
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Mackay Goodwin will expand into cyber security and R&D as it seeks to expand in line with its mission to foster business resilience and innovation.
Mackay Goodwin CEO Domenic Calabretta said the initiative marked a fresh chapter for the firm.
“Our team is committed to providing businesses with the tools and expertise they need to thrive in today's rapidly evolving business landscape,” he said. “The addition of cyber security and R&D services is a testament to this commitment.”
Mackay Goodwin said up to 60 per cent of businesses a year faced cyber-attacks, with nine out 10 down to avoidable human error. Ben Jones (pictured left) from Continuum Cyber, who would lead the Cyber Security Advisory service, said it was essential that businesses could react and recover quickly from threats.
“Our cyber security packages offer peace of mind with a professional eye overseeing the business's cyber health, providing a comprehensive suite of services from initial exposure reports to dark web scraping and policy and procedures pack,” he said.
The service included an initial exposure report, monthly check-ups with an expert, team training, an incident response workshop, response plan, cyber penetration test, third party software and system review, dark web scrape, policy and procedures pack, and subscription to the Continuum Cyber Platform.
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“The newly developed offering in collaboration with Continuum Cyber will help businesses understand and quickly remediate threats, educate their staff to become the first line of defence, and develop world-class governance that builds cyber resilience,” he said.
The R&D function would headed by Saurav Malhotra (pictured right), an R&D tax specialist with more than a decade of experience, and the service would aim to assist businesses in accessing government funding through the R&D Tax Incentive (RDTI) program.
Mr Malhotra said the RDTI program was designed to support a variety of businesses investing in eligible R&D.
“Our aim is to help businesses understand and navigate the program's benefits and eligibility criteria,” he said. “This includes everything from identifying eligible R&D activities to managing application timeframes.”
“Various industry sectors might be eligible for the RDTI – including software and IT companies, and those involved in the development of platforms, apps, functionalities and features – if their development and coding is undertaken within Australia.”
“The food and beverage sector, especially those developing and manufacturing new products or processes in Australia, and other manufacturing sectors such as automotive, machinery and renewables might also be eligible, as well as the agriculture sector with its new products, crop varieties and process enhancements, and the pharmaceuticals and biotechnology sector conducting clinical trials in Australia.”
Founded by Mr Calabretta, Mackay Goodwin is an insolvency and restructuring business and has carved a niche successfully working with stakeholders in distressed businesses.
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