MME Blog: Middle Market Executive’s running narrative of the lower middle market as told by one middle-market company at a time.
The National Security Agency, The Office of Personnel Development, Barclays Bank, Target Stores. What do these organizations have in common? For one thing, they’ve all experienced some of the most publicized examples of insider threats, which, according to 2015 data by the Ponemon Institute, is costing organizations an average of $144,000 per incident (with a […]
“Could you please repeat that? You are who and calling about what?” Sound familiar? Having a lack of name recognition is one of the major dilemmas faced by middle market companies. Maybe they’ve never heard of you or they claim to only deal with big, trusted brands. Of course, we know that our size has […]
One of the latest variants of malware - Dyre (AKA Dyre Wolf or Dyreza) is quickly becoming the malware of choice for fraudsters targeting middle-market businesses Dyre, which first began appearing on the radar of banks and security researchers toward the end of 2014, has been specifically crafted by cybercriminals to target company banking accounts, […]
It’s no secret that the cybercrime commonly known as business email compromise, or BEC, is now counted among the most prolific scams being tracked by FBI’s Internet Crime Complaint Center (IC3). What may be less well known is the central role that social media has played in many of the BEC scams, which according to […]
When it comes to choosing the right manufacturer for a new product, many companies think of Asia first. And with good reason – Asia-based manufacturing can be remarkably cost-effective and strategically smart. There are several important points to keep in mind when looking to source from Asia. Not being aware of the challenges inherent to […]
Usage-based pricing is becoming a business model that creates successful companies and changes entire industries. Under this framework, products and services are monetized via unit consumption rather than flat fees. While this pricing structure has long been the norm in a small handful of industries, we’re beginning to see it explode into virtually every business […]
In 2015, over 288,000 businesses reported a cyber-crime. In today’s digital economy, cyber security has become a top-of-mind concern for business leaders of all sizes. Mid-sized businesses need to quickly and efficiently recover from cyber attacks, but companies also need to prepare for these attacks in advance. As soon as a breach is detected, certain […]
With an increase of cyber-attacks on midsize businesses, it’s becoming more difficult to stay protected from digital threats. According to the Securities and Exchange Commission “midsize businesses are not just targets of cybercrime, they are its principal target.” Cyber insurance provides protection from online attacks like hackers, malware (i.e., viruses and ransomware), data loss and […]
With recent news involving the Federal Bureau of Investigation and its data war with Apple, cyber security is at the forefront of an ongoing 21st century privacy discussion. The rise of the World Wide Web has made managing daily tasks easier; it allows for more efficiency in the workplace and has created new ways for […]
In a middle-market company, one of the primary challenges is to retain that innovative startup feel within a larger company context. The key to preserving this is your people. If any of those people are toxic, then they’re your No. 1 threat to innovation. Toxic employees hinder innovation — period. They don’t want the company to be successful and will […]
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