@mainextream

A 158 year old UK company has just been completely wiped out. not by market forces, not by debt, but by a single weak password. KNP Logistics, a major transport and warehousing firm, was hit by a devastating ransomware attack. Hackers from the Akira group gained access through one employee’s unsecured login. No 2FA, a weak password, and that was all it took. They encrypted the company’s entire system and demanded a £5 million ransom. KNP couldn’t pay, Clients pulled out, Operations froze, 700+ employees lost their jobs, The company shut down for good. KNP had cyber insurance, They had IT staff, But none of that mattered when the door was left wide open. This isn’t just another cyberattack, it’s a lesson. A wake up call for every business and every individual in today’s connected world. Ransomware is no longer some distant hacker myth. It’s a national threat, with over 35 attacks per week in the UK alone. Even big names like M&S and Harrods have been targeted. stay $SAFE

3 replies

0 recast

7 reactions