BBC Reports: Weak Password Leads to Collapse of 158-Year-Old UK Firm, 700 Jobs Lost
What Happened and Why? BBC News and Reuters report that hackers exploited a single weak password on KNP Logistics Group’s systems, triggering a ransomware attack that ultimately led to the collapse of the 158-year-old company, resulting in 700 job losses KNP, a historic company based in Northamptonshire, handled logistics for decades. But after hackers broke…