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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 was a type of banking Windows malware first reported in 2014. It was sold for $7,000. [1] It was developed as a followup to the UPAS Kit which has been released in 2012. [2] Similar to Zeus, [3] it was focused on stealing banking login credentials from browser sessions via a combination of keylogging and web injection. [4]
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. [4] Under Mark Ain's leadership, Kronos sustained one of the longest records of growth and profitability as a public company in software industry history. [5]
Later globally dispersed security researchers collaborated online to develop open source tools that allow for decryption without payment under some circumstances. Snowden states that when "NSA-enabled ransomware eats the Internet, help comes from researchers, not spy agencies" and asks why this is the case.
An op-ed from the White House's Deputy National Security Advisor for Cyber and Emerging Technologies Anne Neuberger. What companies need to do about ransomware: National Security Council [Video ...
A successful ransomware attack on a single company has spread to at least 200 organizations and likely far more, according to cybersecurity firm Huntress Lab
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