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Cyberattack pushes German napkin company into insolvency

It is not often that a ransomware attack or cyberattack is wholly responsible for a business failing. With each such claim that is investigated, we sometimes find that an entity was already in financial distress and the …

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When and how the cyber criminals struck, how the insolvency administrator now wants to save the traditional company with 250 employees.

·Berlin, Germany
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merkur.demerkur.de
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A German napkin manufacturer has been the victim of a cyberattack, which has paralyzed the entire operation, resulting in the company's insolvency.

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The more than 100-year-old napkin manufacturer Fasana has filed for insolvency. A hacker attack had completely paralyzed the company from Euskirchen. How it came about – and what chances Fasana has of survival.

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Cyberattack with evil consequences: Criminals have driven a napkin manufacturer into ruin. 240 employees of the traditional company are affected. The blackmail letter came from the printerFor almost 100 years, the paper factory in Euskirchen-Stotzheim in Rhineland-Palatinate has been producing napkins. Now the traditional manufacturer Fasana has to file for insolvency. The reason: A cyberattack temporarily paralyzed the plant in May and caused p…

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Malware Analysis, News and Indicators broke the news in on Monday, June 16, 2025.
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