Cybersecurity

UK logistics firm blames ransomware attack for insolvency, 730 redundancies

KNP Logistics, described by its administrators as one of the United Kingdom’s largest privately owned logistics groups, declared itself insolvent on Monday, blaming a ransomware attack back in June. Approximately 730 employees will be made redundant as a result of the administration process, although one of the group’s key entities has been sold, saving about […]