At this time, it is unclear when Kronos will recover from the attack. The company said it will continue to provide more information as it becomes available.
A company known for its timekeeping system and is used for payroll in tens of thousands of businesses internationally was recently impacted by a ransomware attack.
A spokesperson for Ultimate Kronos Group, UKG, released the following statement Monday regarding the attack:
“UKG recently became aware of a ransomware incident that has disrupted the Kronos Private Cloud, which houses solutions used by a limited number of our customers. We took immediate action to investigate and mitigate the issue,
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