#1: 158-Year-Old SMB Destroyed by Russian Hackers

Situation: KNP, a logistics company with a 158-year history, was forced to shut down after Russian hackers infiltrated their systems using a weak password. The Akira ransomware group demanded a substantial cryptocurrency ransom and threatened to publish sensitive data online. Despite having cybersecurity insurance and protocols, the attack led to significant data loss, especially financial records, rendering the company unable to secure credit and ultimately leading to its closure. ​The Times

The Security Gap:

• Weak Password Policies: Lack of strong password enforcement allowed easy access for hackers.​
• Insufficient Network Monitoring: The absence of real-time network monitoring delayed the detection of unauthorized access.​

How TRINSEC 7 Would Have Prevented This Loss:

• Robust Password Policies: Implementing strong password requirements and regular updates to prevent unauthorized access.​
• Continuous Network Monitoring: Utilizing our Cyber Platform for real-time vulnerability assessments and automated remediation to detect and address threats promptly. 
• Regular Security Audits: Conducting frequent security assessments to identify and mitigate potential vulnerabilities.​

ROI of Security: Investing in comprehensive cybersecurity measures could have preserved a 158-year-old company's legacy and financial stability. ​The Times