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In August 2017, British security researcher Marcus Hutchins (aka 'MalwareTech'), previously notable for his involvement stopping the May 2017 WannaCry ransomware attack, [5] was arrested by the FBI whilst visiting the United States. [6] He was alleged to have created the software in 2014, and to have sold it in 2015 via the AlphaBay forums.
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. [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]
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. [4] 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 ...
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Later globally dispersed security researchers collaborated online to develop open-source tools [172] [173] that allow for decryption without payment under some circumstances. [174] Snowden states that when "NSA-enabled ransomware eats the Internet, help comes from researchers, not spy agencies" and asks why this is the case. [171] [175] [176]
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