News and Updates on Information Technology

United States – PrismHR

Exploit: Ransomware
PrismHR: Payroll Services 

Risk to Small Business: 2.212 = Severe

A suspected ransomware attack has brought trouble to payroll giant Prism HR and its clients. PrismHR’s platform is experiencing a service outage as a result, which has led to smaller accountants, and their clients, to lose access to PrismHR’s customer portals.

Individual Risk: No sensitive personal or financial information was announced as part of this incident, but the investigation is ongoing.

Customers Impacted: Unknown

How it Could Affect Your Customers’ Business: Ransomware can strike anytime, anywhere and companies of any size are vulnerable. Smart companies take proper precautions like increased security awareness training.