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‘If you are reading…’: This password ‘mistake’ shuts down a 158-year-old company
(www.hindustantimes.com)
Again, it wasn't just a weak password, it was a whole list of things they did wrong.
Yeah, it sounds like the real problem is lack of off-site backups. Bad password policies will certainly make it easier for ransomware gangs, but they're not the only thing that has to go wrong.
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Enjoy!