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Business Mentors

VIEWPOINT: Ransomware Dissected

Dan Kalil, chief executive officer at GreyCastle Security and chief commercial officer at Assured Information Security (AIS), weighs in on the significance of this malicious technology and what organizations can do to protect themselves.  What exactly is ransomware? “This evolving form of malicious software is used by criminals, often for the purposes of financial gain,” […]

VIEWPOINT: Cyberattacks Take Aim at Business

While hacking, data theft, and corruption dominate the headlines, the threats to businesses posed by cyberattacks stretch far beyond the digital realm. Consumers are increasingly concerned about the security of their information that is held by companies they patronize and are negatively influenced if they believe a business is not adequately protecting data. A PricewaterhouseCoopers survey found

VIEWPOINT: DOL Issues New Cybersecurity Guidance for Plan Sponsors, Others

On April 14. 2021, the U.S. Department of Labor (DOL)  issued much-needed guidance concerning best practices for plan sponsors, fiduciaries, record-keepers, participants and beneficiaries pertaining to cybersecurity for retirement plans.  The DOL’s guidance focuses on three specific topics: hiring service providers, managing cybersecurity risks, and online-security tips for participants to avoid risk of fraud and loss. Although

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VIEWPOINT: Preparing for Ransomware

A look at recent news headlines continues to show the impact that ransomware has on our everyday life. Whether it be the attack on Colonial Pipeline which set off a potential gas-supply shortage or the attack on JBS, a meat packer, the news keeps coming. Last year in the U.S. alone, more than 100 federal, state, and local

CEO FOCUS: Region to Benefit from U.S. Innovation and Competition Act

The U.S. Senate [recently] approved the U.S. Innovation and Competition Act (USICA). The more than $250 billion measure would increase research and development in critical new technologies, create new innovation hubs in midsized markets, such as the Syracuse metro area, incentivize domestic semiconductor production, and enhance America’s tech competitiveness with China.  Sponsored by Senate Majority Leader Chuck

VIEWPOINT: How to Grow Your Revenue With Diversified Investments

There’s a famous line from the 1967 hit movie “The Graduate.” Mr. Maguire says to Benjamin Braddock, played by Dustin Hoffman, “There’s a great future in plastics. Think about it. Will you think about it?” Maybe it’s time to replace “plastics” with “diversified growth.” Diversification is the growth driver today I don’t agree with people who express “grow

VIEWPOINT: Want or Need to Retire Early? Tips on How to Pay For It

Delaying retirement has become common for many Americans, either because they saved too little, or they just want to continue working because they enjoy it.  Others go in the opposite direction. They retire early — sometimes out of choice but often because their health or the economy forces it. While early retirement might sound appealing, it can

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