Bad password: British company has to close after 158 years:
Around 730 jobs affected, but the managing director did not let the negligent employee know that he ...
derstandard.at/story/3000000280416/schlechtes-passwort-britische-firma-muss-nach-158-jahren-schliessen
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Ransomware Attack Pushes British Logistics Firm KNP Into InsolvencyAfter the intrusion on 26 June 2023, important operational and financial data remained encrypted.
Key FactsJul 23, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: derstandard.at
Summary created with AI assistance · Source: derstandard.at
- In late June 2023, criminals entered KNP’s internal network using an employee password they had guessed.
- The extortion group Akira subsequently rendered large amounts of data unusable, including databases supporting logistics and financial processing.
- The ransom remained undisclosed; an expert cited by the BBC estimated the demand at up to five million pounds.
- KNP filed for insolvency in September 2023; around 730 jobs were affected, while 170 employees handled the wind-down.
We will share your company information here. There is also a database with customer information. Everything will be uploaded soon.— From a threatening message by the ransomware group Akira, posted on a relevant platform during the attack on KNP Logistics (Knights of Old).
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any attempt to expose, alter, disable, destroy, steal or gain unauthorized access to or make unauthorized use of a computer system
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