"The chief executive officer of a telemarketing company in Sherwood, Arkansas has let go 300 employees after the company failed to recover from a ransomware infection months back.
In a deeply apologetic letter to employees, The Heritage Company CEO Sandra Franecke said two months ago their servers were attacked by hackers who demanded a ransom to unlock the systems. Despite paying the attackers what they demanded, the company struggled to get back on its feet. The company could no longer pay wages so the CEO decided to close shop and let everyone go."