UK logistics firm KNP Logistics Group has entered administration following a ransomware attack earlier this year. Over 700 employees will be made redundant. The attack impacted the company's ability to secure new funding. The group's Nelson Distribution business will survive after being sold. The financial and data losses from cyber attacks can have irreparable consequences. #ransomware #cybersecurity #businessimpact

https://www.infosecurity-magazine.com/news/uk-logistics-close-after/