Ransomware Gangs’ Merciless Attacks Bleed Small Companies Dry
Live Mint-- The black-and-white message flickering across computer screens sparked panic at Knights of Old, a 158-year-old UK delivery company: “If you’re reading this, it means the internal infrastructure of your company is fully or partially dead.” Knights’ network for managing trucks was down. “No business can ignore this threat, no matter how big or small,” says Paul Abbott, 58, Knights’ co-owner. The company, which declined to comment, told him that, based on KNP’s size and revenue, the Akira gang would likely expect a payment in Bitcoin worth $2.7 million to $5.3 million. KNP later determined that Akira had gained access to the company’s systems using a technique called “brute forcing,” which can employ software that makes thousands or millions of guesses to discover a staffer’s password.
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