The Daily Money: Kronos ransomware attack could cripple payroll for weeks

Good morning, Daily Money readers. Jayme Deerwester back with you this Tuesday, which marks the start of two days of Federal Reserve meetings, during which they are expected to set the stage for interest-rate hikes as a way to combat inflation.  

If your company uses Kronos, you might not be able to clock in and out of work for a few weeks. HR management company Ultimate Kronos Group has been hit by a ransomware attack that's hobbling its clients' ability to process payroll, handle timesheets and manage staff.

💡 INSIGHT OF THE DAY:  How can companies maintain their workplace culture when most interactions have been virtual for nearly two years?   Employees are more likely to follow your lead when you clearly express your intentions and demonstrate your commitment to strengthening those connections. You can model this behavior by appearing on-camera during meetings, allowing informal time for workers to catch up during meetings and recognizing and thanking workers who embody the cultural traits and behaviors you value.

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MOOD MUSIC: Today's lyrical pick – The Police's ode to stalkers – goes out to Wall Street, which will be watching the Fed's every move for the next 48 hours.