160-Year-Old Haulage Firm Folds Following Cyber-Attack: Director Sounds Alarm

[rbc]

A devastating ransomware attack has forced Knights of Old, a 160-year-old haulage firm based in Kettering, Northamptonshire, into administration, resulting in 730 job losses and prompting a stark warning from its director to other businesses.

Paul Abbott, who served on the board at Knights of Old, revealed that despite believing they had robust security measures in place, the company was crippled by the Akira ransomware attack that corrupted critical financial data in June 2023.
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160-Year-Old Haulage Firm Folds Following Cyber-Attack: Director Sounds Alarm