A 158-year-old UK company has fallen victim to a devastating cyber attack, with hackers breaching its system using just one weak password. The breach exposed confidential and personal data, prompting the hackers to demand a ransom. Despite paying, the company was unable to recover its business data, leading to its eventual collapse.
The incident highlights the critical importance of strong passwords in preventing such attacks. Experts have long warned about the risks of weak passwords, and this case serves as a stark reminder of their consequences. The company’s failure to upgrade its cybersecurity infrastructure and educate employees on password best practices ultimately led to its downfall.
This disturbing trend should serve as a warning to other businesses, emphasizing the need for robust password security measures to prevent similar incidents in the future.
Source: https://www.news18.com/tech/one-weak-password-and-hackers-breach-this-uk-companys-system-know-what-happened-ws-el-9455170.html