Security · 5h ago
Cyberattack drives German manufacturer into insolvency
ZEGO-TVZ filed for insolvency after a March cyberattack shut down production for six weeks. The company says the financial damage from the attack left no alternative but to close. The incident highlights how cyberattacks can destroy small manufacturers.
Meridian48 take
This case underscores that for many firms, a prolonged ransomware outage isn't just a disruption—it's a death sentence.
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German firm files for insolvency, blames cybercrims who shut down production for 6 weeks →
The Register
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