How One Bad Password Ended a 158-Year-Old Business
KNP Logistics, a 158-year-old UK transport company, was forced into administration after the Akira ransomware group gained access through a weak, easily guessed employee password. The attackers encrypted critical data, destroyed backups, and demanded £5 million ransom, leading to 700 job losses. The incident highlights how basic security failures can destroy established businesses, with 45% of compromised passwords being crackable within a minute. Strong password policies, multi-factor authentication, zero-trust architecture, and tested backup systems are essential defenses against such attacks.

