Pulse of Truth

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Weak Password Let Ransomware Gang Destroy 158-Year-Old Company (cybersecuritynews.com)

submitted 6 days ago by lemmydev2@infosec.pub to c/pulse_of_truth@infosec.pub

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A single compromised password brought down KNP Logistics, putting 730 employees out of work and highlighting the devastating impact of cyber attacks on British businesses. 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 Logistics, a Northamptonshire […] The post Weak Password Let Ransomware Gang Destroy 158-Year-Old Company appeared first on Cyber Security News.

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[–] Bell@lemmy.world 4 points 5 days ago

Wow I think no plan for what to do about ransomware, and no controls over users' passwords is considerably more responsible for the company going under than some poor employee.

[–] Onomatopoeia@lemmy.cafe 2 points 5 days ago

It wasn't a single weak password - it was gross failure.

If a single weak password can bring a company down, then they lack proper layers of security/stability/failover/recovery, etc.