There was 250+ dedicated servers, 2-3 weeks of restoring week-old backups (thankfully they had these weekly intervals kept offline). Mass exodus of clients.
"Ex-employee" used root keys and a boot zerofill drop and rebooted every server resulting in severe data loss. Their online backup systems were also using these keys and we're not spared.
They said they would have to shut down the company as a result, but ended up securing capital and eventually launching what would become digitalocean.
They said it was highly probable that it was an ex employee and that the FBI was investigating buy nothing was released about it.
Good cautionary tale for segregation of credentials and proper user key management.