A German firm specializing in napkins, identified as Fasana, has been forced to declare insolvency. This drastic step follows a recent ransomware attack that significantly disrupted the company’s operations. The cyberattack apparently had a severe impact on the business, ultimately leading to its inability to continue trading solvently and necessitating the initiation of insolvency proceedings. The incident highlights the critical and potentially devastating consequences ransomware can have on businesses, even those in traditional manufacturing sectors.
Source: https://securityaffairs.com/179160/security/ransomware-attack-napkin-firm-fasana-insolvency.html
