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KNP Logistics shuts down after cyber attack via weak password | EasternEye KNP Logistics, a 158-year-old UK transport firm, has shut down following a devastating cyberattack that exploited a weak employee password The breach has left 700 employees jobless and resulted in the permanent loss of critical business data, according to a report by the BBC
Weak Password Let Ransomware Gang Destroy 158-Year-Old Company The collapse of KNP is part of a broader wave of ransomware attacks targeting UK businesses Major retailers including Marks Spencer, Co-op, and Harrods have all been hit by cyber criminals in recent months, reads the BBC report
158‑Year‑Old UK Transport Company Collapses After Weak . . . - TechStory KNP Logistics, a venerable 158-year-old transport company based in the UK, has collapsed and ceased operations, resulting in the loss of 700 jobs The downfall was triggered by a sophisticated ransomware attack that exploited a shockingly simple vulnerability: a single weak employee password
Cyberattack On KNP Logistics Shuts Down 158-Year-Old Firm KNP Logistics Group, trading under the historic Knights of Old brand, operated a fleet of around 500 lorries and employed over 900 people across multiple depots Despite standard cybersecurity measures and insurance in place, KNP could not recover from the cyberattack