One Weak Password Topples 158-Year-Old Transport Firm
🔒 KNP Logistics Group, a 158-year-old UK transport firm, collapsed after the Akira ransomware group accessed an employee account by guessing a weak password. Attackers bypassed protections by targeting an internet-facing account without MFA, deployed ransomware across the estate, and destroyed backups, halting operations across 500 trucks and precipitating administration and 700 job losses. The incident underscores the urgent need for strong password policies, MFA, and isolated, tested backups.
