Weak Password Crashes 158-Year UK Firm, 700 Workers Jobless
A 158-year-old UK company has collapsed due to a critical cybersecurity failure caused by the use of a weak password. This alarming breach led to devastating consequences, forcing the historic firm to shut down operations and resulting in 700 employees losing their jobs. The incident highlights the importance of strong digital security practices and serves as a stark reminder that even well-established businesses are vulnerable to simple but serious cyber threats.