As the advent of the Internet of Things (IoT) continues to increase data exponentially, cyber-attacks and data breaches persist at alarming rates and effectiveness.
These circumstances create a need that has fostered a booming business for contractors whose business services and products are designed to assist corporations with defending against hackers and nefarious intruders.
The recent data breach against Target stores resulted in customers’ credit and debit card information being stolen. According to reports, hackers who attacked the credit card payment system of Neiman Marcus belong to a sophisticated Russia-based organization that has been attacking more than 100 retailers over the course seven plus years. Attempts to shut down this criminal network have failed thus far.
Many defense companies who have been defending government computers from security threats are now expanding their business model to the private sector and tailoring their offerings to assist companies that need to protect confidential, proprietary digital data.
In fact, defense firms market themselves as being better equipped than other cybersecurity companies. The logic is that if you can help the U.S. government hack-in, you are equally qualified to prevent similar hacks from infiltrating your business.
The types of services offered to defend against hacking varies. Some companies sell software aimed at detecting malicious computer code and implementing antivirus programs. Others offer consulting services on preventing cyber-attacks in specific industries or markets.
Security analysts for traditional tech companies argue that it is unclear or otherwise unproven whether defense firms offer better protection than they do, but it is evident that defense firms are more expensive to retain. As a result, these defense firms are often only within reach of larger companies such as multi-national banks and conglomerates , while the commercial tech companies are used by more mainstream businesses.
One consideration for multinational companies is that the contractors’ cybersecurity programs may be so strong that the programs cannot be legally exported to certain countries.
Still, you can expect to see defense firms increasing their cybersecurity offerings and the overall industry of defending against hacking to steadily expand. And like most “new” things and offerings, price points are likely to be scaled over time and with increased competition to be more affordable.
Fort Monmouth Redevelopment and the Transformation of Monmouth County Real Estate
The Fort Monmouth redevelopment has entered its execution phase, and it is repositioning the broader Monmouth County real estate market. When Netflix and the Fort Monmouth Economic Revitalization Authority closed on the 292-acre Mega Parcel in December 2025, the transaction did more than hand over a deed. It marked the moment Fort Monmouth stopped being […]
Local Zoning and Land Use Rules Every New Jersey Rental Property Owner Should Understand
Owning a residential rental property in New Jersey involves more than finding tenants and collecting rent. Property owners must comply with a combination of state laws, municipal ordinances, building and housing codes, and zoning and land use regulations. These requirements can affect everything from the number of dwelling units permitted at a property to whether […]
Real Estate Litigation Explained: Top 5 Disputes and How to Avoid Them
The five most common real estate disputes are breach of contract claims, landlord-tenant conflicts, zoning and land use disagreements, construction claims, and boundary disputes. Understanding why each arises, and taking preventive steps early, can help property owners, tenants, developers, and investors avoid costly litigation. Key Takeaways: Real estate transactions are complex endeavors involving numerous parties […]
When a Child Turns 18: The Gap in Your Family’s Estate Plan
Once a child turns 18, parents lose the automatic legal authority to make medical and financial decisions on their behalf, even if the child still lives at home or remains on the family’s insurance. Three documents close that gap: a durable power of attorney, a health care proxy or directive, and a HIPAA authorization. For […]
Business Mediation: An Overview and Practical Tips
Business mediation is a confidential, voluntary process in which a neutral third party helps companies negotiate a resolution to a commercial dispute without going to trial. Because working with a mediator is very different from litigating in the courtroom, it is important to understand how commercial mediation works, when it makes sense for your dispute, […]
Top 5 Causes Leading to Construction Defect Litigation
The five most common causes of construction defect litigation are design defects, substandard materials, workmanship defects, code violations, and subsurface defects. Because these flaws can compromise a building’s integrity, functionality, or safety, they frequently lead to disputes involving multiple parties and high financial stakes. Key takeaways: What is Construction Defect Litigation? Construction litigation is complex, […]
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Sign up to get the latest from our attorneys!
Explore What Matters Most to You.
Consider subscribing to our Firm Insights mailing list by clicking the button below so you can keep up to date with the firm`s latest articles covering various legal topics.
Stay informed and inspired with the latest updates, insights, and events from Scarinci Hollenbeck. Our resource library provides valuable content across a range of categories to keep you connected and ahead of the curve.
Let`s get in touch!
Sign up to get the latest from the Scarinci Hollenbeck, LLC attorneys!
