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On December 13, 2021, Kronos announced that, on December 11, it was discovered that Kronos had been subject to a ransomware attack which disabled the functionality of the Kronos Private Cloud software for "up to several weeks". [18]
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 management. The combined company, valued at $22 billion, would be one of the largest cloud computing companies.
According to the UKG website, the following Kronos Private Clouds were affected: Workforce Central, Telestaff, ... Jan. 8—A ransomware attack on an international payroll company has affected...
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...
Private: Industry: SaaS HCM Software: Founded: 1990 () Founder: Scott Scherr: Defunct: April 1, 2020: Fate: Merged with Kronos Incorporated: Successor: Ultimate Kronos Group: Headquarters: Weston, Florida
Occupation (s) Software technology executive, author. Aron Ain is an American software technology executive [1] [2] and author. He became the CEO of UKG (Ultimate Kronos Group) in 2020, a role he held until being named UKG Executive Chair, effective July 1, 2022.
Managed private cloud (also known as " hosted private cloud " or " single-tenant SaaS ") refers to a principle in software architecture where a single instance of the software runs on a server, serves a single client organization (tenant), and is managed by a third party.
Private cloud computing infrastructure is a category of cloud computing that provides comparable benefits to public cloud systems, such as self-service and scalability, but it does so via a proprietary framework. In contrast to public clouds, which cater to multiple entities, a private cloud is specifically designed for the requirements and ...