---
title: "Discussion on \"One Password, 700 Jobs Lost: How a 158-Year-Old Company Collapsed After a Hack — and What We Can Learn\" | Hashnode"
description: "Discussion on \"One Password, 700 Jobs Lost: How a 158-Year-Old Company Collapsed After a Hack — and What We Can Learn\". A single weak password ended a 158-year-old legacy. Here's how to protect your own system from suffering the same fate."
url: "https://hashnode.com/posts/one-password-700-jobs-lost-how-a-158-year-old-company-collapsed-after-a-hack-and-what-we-can-learn/69144e58e7cd322d8eadc05b"
---

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# [One Password, 700 Jobs Lost: How a 158-Year-Old Company Collapsed After a Hack — and What We Can Learn](https://backendbasicswithmehedi.hashnode.dev/one-password-700-jobs-lost-how-a-158-year-old-company-collapsed-after-a-hack-and-what-we-can-learn?utm_source=hashnode&utm_medium=feed)

A single weak password ended a 158-year-old legacy. Here's how to protect your own system from suffering the same fate.

Nov 12, 2025 · 5 min read · backendbasicswithmehedi.hashnode.dev  
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-   [#cybersecurity](https://hashnode.com/tag/cybersecurity)
-   [#ransomware](https://hashnode.com/tag/ransomware)
-   [#infosec-cjbi6apo9015yaywu2micx2eo](https://hashnode.com/tag/infosec-cjbi6apo9015yaywu2micx2eo)
-   [#password-security](https://hashnode.com/tag/password-security)
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-   [#zero-trust](https://hashnode.com/tag/zero-trust)

## Written by

[Mehedi Hasan Shawon](https://hashnode.com/@mehedicodes)

@mehedicodes · Chittagong, Bangladesh

  
[View profile](https://hashnode.com/@mehedicodes)

Java Developer | Writing about Spring, APIs, and system design.

Java Backend Developer | 6+ Years Experience | Passionate about building scalable systems with Spring Boot, JPA, and REST APIs.

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