The devastating cyberattack on Northamptonshire transport firm KNP Logistics has sent shockwaves through the business world. After 158 years of trading, the company collapsed — taking 700 jobs with it — all because of one compromised password.

This isn’t a distant problem for “big tech” or international corporations. This is right here in the UK, and it could happen to any business that isn’t properly protected.

 

 

What Happened?

 

KNP, a well-established logistics provider, suffered a severe ransomware attack believed to have started from just one stolen password. That single breach allowed cybercriminals to access systems, steal sensitive data, and lock the company out of its own network. With operations halted and reputation damaged, KNP was left unable to recover.

 

 

The Real Cost of Weak Security

 

• Business Closure: Despite being in business since 1867, KNP couldn’t bounce back.
• 700 People Unemployed: Employees were left jobless overnight.
• Damaged Reputation: Trust takes years to build and seconds to destroy.
• Financial Fallout: Recovery costs often exceed £1 million, and many SMEs can’t absorb the hit.

 

 

It’s Not Just KNP

 

Recent months have seen other major UK brands fall victim to cyberattacks — Marks & Spencer, Co-op, and Harrods among them. In Co-op’s case, data from all 6.5 million members was stolen.

But while the headlines focus on household names, SMEs are the most targeted. Why? Because hackers know smaller businesses often lack the same level of defence.

 

 

 

How Can You Protect Your Business?

 

Here are 5 practical steps your business should take today:

1. Use Multi-Factor Authentication (MFA) – A strong password is no longer enough. MFA adds a critical layer of protection.
2. Run Regular Security Audits – Know where the gaps are in your IT environment.
3. Limit Access with Just-in-Time Privileges – Give staff access to only what they need, when they need it.
4. Train Your Team – Most breaches start with human error. Cyber awareness training is essential.
5. Work with a Managed Service Provider (MSP) – An MSP monitors, maintains, and protects your IT infrastructure, giving you peace of mind.

 

 

Let’s Talk About Your IT

At Via Wire, we work with businesses across the UK to secure their networks and modernise their technology. If you’re concerned about the state of your IT setup — or just want a second opinion — speak to one of our IT experts. We’ll walk you through what’s working, what’s not, and how you can strengthen your defences.

📞 Call us today on 01702 668730
📧 Or visit: viawire.net/contact