KNP Logistics Group, founded in 1865, collapsed under a ransomware attack from the Akira group, which exploited a weak password for access. This breach rendered operations inoperable, as the attackers encrypted vital data and deleted backups. KNP was unable to meet the ransom demand, leading to its administration and resulting in 700 job losses and 500 trucks off the road. The breach showcased the vulnerability of even long-established companies in the face of increasing cyber threats, particularly ransomware attacks targeting small to mid-sized businesses.
KNP Logistics Group, one of the UK's oldest transport companies, collapsed due to a ransomware attack initiated from a single guessed password, leaving 700 employees without work.
The Akira ransomware group gained access to KNP's systems by exploiting a weak password, leading to a digital crisis that disabled operations and deleted backups.
KNP Logistics Group's operations were severely disrupted, rendering trucks inoperable, customer records inaccessible, and preventing financial transactions due to the ransomware attack.
Despite surviving historical upheavals, KNP Logistics Group could not withstand the impact of a ransomware attack, highlighting the vulnerabilities of established companies against cyber threats.
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