Cyber-Attacks and Corporate Ruin: The Ripple Effects Leading to Bankruptcy

In today's hyperconnected world, cyberattacks have become existential threats capable of reducing even the most established businesses to insolvency. Recent high-profile cases, such as the collapse of National Public Data and the bankruptcy of Stoli Group's U.S. subsidiaries, highlight how cyber breaches and ransomware attacks devastate systems and create cascading impacts that extend far beyond the initial compromise. These incidents serve as cautionary tales about the interconnected nature of operational, financial, and reputational risks in the digital age.