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Ultimate Kronos Company, a human resources management company used by several big name brands, corporations and municipalities, was the victim of a ransomware attack on Dec.11. See: The IRS Has...
Kronos Incorporated corporate headquarters in Lowell, MA. Kronos was founded in 1977 by Massachusetts Institute of Technology (MIT) and Simon Business School alumnus Mark S. Ain. Under Mark Ain's leadership, Kronos sustained one of the longest records of growth and profitability as a public company in software industry history.
Kronos was a type of banking Windows malware first reported in 2014. It was sold for $7,000. It was developed as a followup to the UPAS Kit which has been released in 2012. Similar to Zeus, it was focused on stealing banking login credentials from browser sessions via a combination of keylogging and web injection.
Ransomware is a type of cryptovirological malware that permanently blocks access to the victim's personal data unless a ransom is paid. While some simple ransomware may lock the system without damaging any files, more advanced malware uses a technique called cryptoviral extortion.
Hutchins had entered community college and was struggling between completing his last year of work and the fixes to Kronos demanded by Vinny, further complicated with a drug addiction he gained while working on Kronos. During this time, he met a person he knew as "Randy" online through hacking forums.
Former Kronos CEO Aron Ain was the CEO and chairperson of the combined company until July 1, 2022, when he stepped down as CEO to become Executive Chairperson. On February 20, 2020, Ultimate Software and Kronos Incorporated announced they agreed to form a new cloud computing venture specializing in workforce management and human capital ...
Zeus is a Trojan horse malware package that runs on versions of Microsoft Windows.It is often used to steal banking information by man-in-the-browser keystroke logging and form grabbing.
Conti ransomware employs various stealthy techniques, including the use of BazarLoader, to infiltrate its target systems. The ransomware is designed to encrypt files and render them inaccessible until a ransom is paid. It is often delivered through phishing emails, exploit kits, or compromised websites.