May 19, 2025
German paper napkin manufacturer, Fasana, is now facing insolvency after a ransomware attack this past May disrupted all forms of operations at the company.
In a bit of irony, on May 19, Fasana’s entire printing infrastructure suddenly began producing ransom notes. In the attack, it appeared every laptop and desktop PCs ended up locked down. The next day, May 20, the company was unable to process orders worth over €250,000 ($287,467).
For nearly two weeks, Fasana was unable to: Print delivery notes or invoices, fulfill customer orders and process employee salaries.
In that short timeframe, the company suffered financial losses of over €2 million ($2.3 million). Dr. Dirk Wegener, the court-appointed insolvency administrator, said the company could not conduct basic business operations.
