Cheapskates wouldn't pay for security help, got hit by ransomware, and went bust months later

Welcome back to PWNED, the weekly column where we highlight some of the lowlights in corporate security. This week, we’ll talk about two scenarios, one that ended in tragedy and another that shows the power of a good defense over dedicated phishing attacks. Have a story about someone leaving a gaping hole in their network? Share it with us at pwned@sitpub.com. Anonymity is available upon request. Both stories come courtesy of Dave Hatter, a cybersecurity and compliance consultant with Intrust IT. In his many years of experience with the company, Hatter has had to work for a variety of small companies that needed help with their security, whether they knew it or not. One time several years ago, the new CFO at a small construction company phoned Intrust and expressed interest in hiring them. …