When most people think of cybersecurity and data breaches, large government, financial, and retail entities typically come to mind. Since we tend to only hear of breaches with big-name entities, small businesses tune it out, thinking these are problems only larger organizations experience.
Cybercrime costs the U.S. economy between $57 billion and $109 billion every year. Although there have been guidelines for meeting cybersecurity benchmarks in the past, all DoD contractors are now subject to Cybersecurity Maturity Model Certification (CMMC).
Source: RSM US LLP. PBMares is a member of RSM US Alliance.
Partnerships (and LLCs taxed as partnerships) are common vehicles for the portfolio companies that private equity funds acquire.
Construction worksites are responsible for about one out of every five workplace-related fatalities in the U.S. each year. Safety practices have drastically improved over the past two decades, but even one fatality is a failure.