4

A 100-year-old German company has reportedly filed for insolvency after a ransomware attack. An employee who arrived at the company in the morning even found extortion notes on the printers.

Fasana, which makes paper table napkins and employs around 240 people, was hit by hackers last month.

You know who we need to put out of business? Ransomware gangs.

#cybersecurity #ransomware

News report about ransomware-hit company

top 3 comments
sorted by: hot top controversial new old
[-] christopherkunz@chaos.social 1 points 3 weeks ago

@gcluley@mastodon.green While I agree with your last sentence, the insolvency was only catalyzed by the ransomware attack, but the issues were present well before. The guy in the white shirt is the trustee in bankruptcy and he says around 00:54 that miscalculation (prices weren't increased enough to cover increased cost) was a major factor.

This is also a repeating pattern: Already struggling companies are pushed over the edge by an attack.

[-] dzwiedziu@mastodon.social 1 points 3 weeks ago

@gcluley@mastodon.green
Let's all “thank” Bitcoin and subsequent cryptocurrencies for enabling effective ransomware.

[-] InkomTech@infosec.exchange 1 points 3 weeks ago

@gcluley@mastodon.green I’ve seen the fuckers take out two tiny nonprofits. Tell me the ransomware ‘solution’ isn’t to remind those involved they’re not immune to kinetic attacks: leetle eety beety beets off dee denser metalz, chewy boomboom putty, and point-n-click big-badda-boomz.

this post was submitted on 17 Jun 2025
4 points (100.0% liked)

Cybersecurity

2 readers
4 users here now

An umbrella community for all things cybersecurity / infosec. News, research, questions, are all welcome!

Rules

Community Rules

founded 2 years ago
MODERATORS