Cybersecurity news
KNP Logistics Group (UK): A historic 158-year-old transportation company collapsed after a
ransomware attack. Operational systems were breached via a weak password, and the company was
unable to recover—leading to its permanent shutdown.
The Economic Times
KNP Logistics Group (UK): A historic 158-year-old transportation company collapsed after a ransomware attack. Operational systems were breached via a weak password, and the company was unable to recover—leading to its permanent shutdown. The Economic Times
Einhaus Group (Germany): This phone repair and insurance company paid approximately €200,000
in a ransomware attack. Despite the payment, losses soared into the mid-seven-figure range,
workforce dropped from 170 to 8, and three subsidiaries ultimately filed for insolvency.
PC Gamer Stats
Einhaus Group (Germany): This phone repair and insurance company paid approximately €200,000 in a ransomware attack. Despite the payment, losses soared into the mid-seven-figure range, workforce dropped from 170 to 8, and three subsidiaries ultimately filed for insolvency. PC Gamer Stats
“Ransomware doesn’t just threaten data—it can destroy businesses. German insurer Einhaus
collapsed after paying ransom; most worrying of all, 60% of small firms fail within six months of a
cyberattack (NCSA)