Hide Caption. What is killware and why is it a threat? Killware is the a cybersecurity threat we should be more aware of. So, what is it and is it as dangerous as it sounds? Facebook Twitter Email. We took immediate action to investigate and mitigate the issue, have alerted our affected customers and informed the authorities, and are working with leading cybersecurity experts," a Kronos spokesperson told CNN Business. Read More. It is still possible in most cases to log hours on the offline Kronos timesheet system, though it is unclear when these systems will come back online.
We have complete confidence that we will be able to determine how many hours employees work and pay them for those hours and we continue to ask employees to keep time the way they always have," MTA spokesperson Tim Minton told CNN Business.
News of the ransomware incident came after a security flaw in widely used software across the internet, called Log4j, was made public late last week, opening the door in many companies' systems to hackers. Kronos has not confirmed that the ransomware attack is linked to the Log4j vulnerability and did not respond to CNN Business's request for comment on a possible connection.
A separate banner on Kronos' website, which was not part of the HR company's specific messaging on the ransomware attack, warned about the potential impact of the Log4j vulnerability and noted that the company had "invoked emergency patching processes" to address it.
In addition to the potential payroll issues, there's also data privacy concerns. The city of Cleveland said in a statement Monday that Kronos alerted it that sensitive information may have been compromised in the attack. Ford stock passed a milestone while Tesla stock plunged. Nvidia stock took a dive. Alibaba stock was off 3. Dow Futures 36, Nasdaq Futures 15, Russell Futures 2, Crude Oil Gold 1, Silver Vix CMC Crypto 1, FTSE 7, Nikkei 28, Read full article.
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