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Weak Password Allowed Hackers To Sink a 158-Year-Old Company


An anonymous reader quotes a report from the BBC: One password is believed to have been all it took for a ransomware gang to destroy a 158-year-old company and put 700 people out of work. KNP -- a Northamptonshire transport company -- is just one of tens of thousands of UK businesses that have been ...

An anonymous reader quotes a report from the BBC: One password is believed to have been all it took for a ransomware gang to destroy a 158-year-old company and put 700 people out of work. KNP director Paul Abbott says he hasn't told the employee that their compromised password most likely led to the destruction of the company. "The hackers didn't name a price, but a specialist ransomware negotiation firm estimated the sum could be as much as 5 million pounds," reports the BBC.

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Weak password allowed hackers to sink a 158-year-old company