How a weak password destroyed a 158-year-old UK company and left 700 people jobless

KNP Logistics, one of Britain’s oldest companies, collapsed after a ransomware attack exploited a weak password and hacked into its internal network. The gang of hackers, known as Akira, demanded a ransom of 5 million pounds (Rs 58 crore), which the firm couldn't pay. The transport company eventually filed for bankruptcy, leaving as many as 700 employees jobless overnight

How a weak password destroyed a 158-year-old UK company and left 700 people jobless
KNP Logistics, one of Britain’s oldest companies, collapsed after a ransomware attack exploited a weak password and hacked into its internal network. The gang of hackers, known as Akira, demanded a ransom of 5 million pounds (Rs 58 crore), which the firm couldn't pay. The transport company eventually filed for bankruptcy, leaving as many as 700 employees jobless overnight