Thank you for posting Bryan Foss, Knights of Old (KNP) was an historic UK business that went into bankruptcy in 2023 following a cyber attack.

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Thank you for posting Bryan Foss, Knights of Old (KNP) was an historic UK business that went into bankruptcy in 2023 following a cyber attack. All it took was a single weak password to allow the hackers to compromise the company. Resulting in a shut down of operations, following a £5million ransom demand.

The UK is made up of 99% SMEs, companies of the same size as KNP. Companies that cannot afford to manage cybersecurity risks. Companies that are equally at risk as KNP.

The UK needs a defensive cyber strategy to enable UK industry across all sectors address cybersecurity risk management appropriately. A strategy that communicates the necessity and gives practical help and support to SMEs for the management of cyber.

@Thaddeus Dziekanowski Brian D. McCarthy Faisal Khan

Veritas GRC

#cybersecurity #cyberriskmanagement #cyberattack

https://lnkd.in/eBtiMGjj

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Cyber Risk Management, Cybersecurity

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