Cyberattack Forces German Paper Napkin Manufacturer Fasana into Insolvency A ransomware attack has pushed Germany-based paper napkin manufacturer Fasana into insolvency, jeopardizing the jobs of its 240 employees. The incident, first detected on May 19 or 21 (sources vary), crippled the company’s IT infrastructure, leaving printers displaying extortion notes and paralyzing all systems, including PCs and laptops. The attack inflicted immediate financial damage, with orders worth over €250,000 unfulfilled on the first day alone. For two weeks, Fasana generated no significant revenue, relying only on limited data stored in isolated machines. Recovery efforts were slow—nearly 190 devices required manual examination and reconfiguration, and some applications remained nonfunctional three weeks later. Fasana, acquired by Powerparc AG in March, had been struggling financially prior to the attack. The cyber incident appears to have been the final blow, accelerating its insolvency filing. The threat actors behind the attack remain unidentified. The company is now reportedly seeking a new buyer.