Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
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: Website Terms of Use and Privacy Policies
Booming internet usage means that virtually every company has a website, and many companies use their website to enhance the user experience and collect information about their users. As a result, company websites have terms of use and privacy policies that were developed to govern the interaction between the user and the company through its website. Many
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
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: Downtown Syracuse Continues to Thrive Following a Year of Uncertainty
Downtown Syracuse is at the heart of the Central New York community and is the vibrant center of a region on the rise. While the past year created significant economic hardships or delayed growth for so many small businesses, it is truly exciting to see so many people returning to explore, eat, shop, and work downtown.
NONPROFIT MANAGEMENT: Red flags for our health-care delivery system
“Health-care costs are an issue both for the government and for our larger economy.” —Sylvia Mathews Burwell I’m officially raising red flags of significant concern for the future of the New York state and United States health-care delivery system. Fact #1: The U.S. is rapidly approaching 20 percent of our gross domestic
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
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.