Consequently,
British company closes its doors new: Consequently,
British company closes its doors:
A bad password pushed a business with bankruptcy. Nevertheless. Furthermore, Pirates were able to guess the password of an employee to enter the computer system of the British group KNP. Nevertheless, They then quantified all the data with ransomware before claiming a ransom.
A bad password can have disastrous consequences. Meanwhile, The story of KNP Logisticsa British carrier employing more than 700 employees, proves it again. Consequently, The company, born over 150 years ago, was forced to file for bankruptcy following a cyber attack. Therefore, A documentary produced by the BBC returns to the circumstances of the fall of the KNP.
It all started in 2023. In addition, Two years ago, Akiraa gang of cybercriminals specializing in attacks by Ransomware, takes the KNP for target. Therefore, The pirates manage to Guess an employee’s password group. british company closes its doors new Furthermore, Apparently, the employee had chosen a low british company closes its doors and uncommon password. In addition, Hackers quickly managed to crack the code. However, As explained by Paul Abbott. director of KNP, at the BBC, “It was just a little human mistake, but she turned everything up”. In terms of the employee responsible for negligence, KNP did not warn him.
Read also: Can this AI crack your password? Test
An unpaid ransom
Once in the system. Akira has encrypt all of the data from the undertakene using his ransomware. All the data necessary for the operation of KNP was blocked. Orders, invoicing, finance, warehouses … All group divisions were completely out of service. The fleet of 500 trucks in the group was paralyzed. KNP found itself unable to operate normally.
To recover access to data, the company was invited to pay A ransom of 5 million pounds sterlingor british company closes its doors new 5.76 million euros. Unfortunately, the British group did not have the cash british company closes its doors necessary to pay the ransom. All data has been permanently lost. The KNP was not recovered. Although KNP had subscribed to insurance, it was not enough to avoid bankruptcy. KNP suppliers were not paid, and customers turned to other providers. In September 2023, the company declared himself bankrupt. A KNP subsidiary was soldsaving about 170 jobsbut the majority of activities have completely disappeared.
Even if the KNP had been able to gather the money to pay the ransom. nothing indicates that the pirates would have communicated the key to deciphering data. According to a study by Cybereason, only half of the victims who pay the ransom recover access to their data. In addition. companies that have folded have an 80 % chance of finding themselves in the viewfinder of the british company closes its doors new pirates in the future.
Finally. nothing indicates that the hackers will not disseminate data on the Dark Web. british company closes its doors even once the ransom has been paid, and that the deciphering key has been communicated. This is what happened to Change Healthcare. a division of Unitedhealth Group, an American insurance company specializing in health last year. The American company paid for the ransom requested by BlackCat. a ransomware gang, but the stolen medical data was still disclosed on the Dark Web.
The history of the KNP shows that it is important to choose a good password to secure your accounts. It is far from being the first time that an easy to guess code has led to a cyber attack. We will notably remember the Hack of Solarwinds. the hacking of Microsoft by Russian hackers, or the brute force attack against the Parliament of Northern Ireland in british company closes its doors new 2018.
🔴 To not miss any 01net news, follow us on Google News and Whatsapp.
Source : BBC
British company closes its doors new
British company closes its doors
Further reading: France: he escapes hidden in the bag of his liberable fellowship – Russia manufactures so many drones-kamikazes shahed that it could soon throw 2,000 in one night – A 78-year-old man declared dead in Italy … wakes up 30 minutes later: what is the “Lazare phenomenon”? – Announcement of the sentence for two men who have shot down the most famous tree in England – In Syria, power transfers control of the city of Souweida to Druzes “factions” after Israeli bombings.
Further reading: “Fito”, the largest drug trafficker in the equator, extradited to the United States – Crash of an India air plane: fuel supply cut just before the crash – “This list of people to kill was almost provided by the British government”: how thousands of Afghans were endangered by a data leakage – Three people killed in the Dnipropetrovsk Oblast, according to Ukrainian police – Magnitude 7.3 earthquake off the coast of Alaska: Tsunami alert (USGS).
