{"id":17579,"date":"2025-07-21T13:00:00","date_gmt":"2025-07-21T13:00:00","guid":{"rendered":"https:\/\/www.dailybase.com\/en\/?p=17579"},"modified":"2025-07-21T14:26:57","modified_gmt":"2025-07-21T14:26:57","slug":"weak-password-caused-a-158-year-old-company-to-close-its-doors","status":"publish","type":"post","link":"https:\/\/www.dailybase.com\/en\/weak-password-caused-a-158-year-old-company-to-close-its-doors\/","title":{"rendered":"Weak Password Caused A 158 Year Old Company To Close Its Doors"},"content":{"rendered":"\n
Whenever you’re hired for a new job, you often get a personal work account on their platform. For this account, you either get a generated security password or you have to choose your own personal one. This was also the case for UK trucking company KNP. It was a merger of multiple logistics companies. The oldest company, Knights of Old, was founded in 1865. However, after one IT disaster, the company had to close its doors after 158 years! Keep on reading to discover what led to the end of KNP! <\/p>\n\n\n
In 2023, a hacker group known as Akira hacked into the system of KNP and was able to lock out all staff members, which made running the company impossible. The only thing visible? A ransom note stating that most of their infrastructure would already be permanently lost. The only way to save their company would be by paying. However, no specific amount was named in the note.<\/p>\n\n\n\n
While the company had some funds to pay these hackers to get their platform back, a specialist ransomware negotiation firm said that it could cost as much as \u00a35 million to get everything back. This is an amount KNP couldn’t afford. <\/p>\n\n\n\n