UK logistics firm hit by Ransomware attack, 700 jobs lost

Srinagar, July 22: A ransomware attack has reportedly crippled KNP Logistics, a 158-year-old UK transport company, leading to the loss of 700 jobs. According to the BBC, the breach was allegedly carried out by the Akira ransomware gang, who gained access to the company’s systems after successfully guessing an employee’s password.

Once inside, the hackers encrypted critical data and shut down internal systems, effectively halting operations. KNP director Paul Abbott confirmed that the attack stemmed from a compromised password but said the specific employee responsible had not been informed.