BKD Red Team Launched to Help Fight Cyberattacks

BKD Cyber has announced the addition of a new service named BKD Red Team to its service line. BKD Red Team is a digital attack simulation that can emulate the actions a hacker might take during a cyberattack. The simulation results are then used in training sessions with the client’s IT security department.

“We look forward to working with organizations to help them better prepare for these attacks by anticipating what a hacker would do once inside their network as well as train their security team,” says Cindy Boyle, partner and team leader with BKD Cyber. BKD Cyber is a service of Springfield, Mo.-based BKD (FY18 net revenue of $594.6 million).

BKD Cyber professionals can perform this simulated digital attack under controlled conditions using the same actions that actual cybercriminals could use to access and harvest data from an organization. This exercise can help assess how a real-world breach would affect an organization. BKD Red Team also can train security teams to more quickly respond to a cyber incident.

In addition to showing a network’s vulnerabilities, BKD Red Team can identify the actual data that was compromised, the firm says. The team can provide recommendations on how to better safeguard sensitive data and avoid costly breaches. According to the Ponemon Institute “2018 Cost of a Data Breach study,” the total cost of a data breach averaged $3.86 million, up almost $250,000 from the previous year. In addition, it takes organizations an average of 197 days to realize they’ve been breached.

More news from BKD

BeachFleischman, Payroll Entrepreneur Launch Contempo HCM

Lawrence Bailliere

Lawrence Bailliere

Payroll executive Lawrence Bailliere and Tucson, Ariz.-based BeachFleischman (FY17 net revenue of $26.9 million) have formed a joint venture to launch Contempo HCM LLC, a payroll and human capital management company.

Bailliere has been named CEO and will lead the company’s growth and strategic vision. BeachFleischman will offer Contempo’s services to its clients as well as provide the company with operational support. Contempo HCM was launched to meet the workforce management needs of Arizona business owners operating in the small business and middle-market sectors.

Contempo HCM operates as an iSolved Certified Network Partner. The iSolved Network is an ecosystem for elite, high-growth payroll service providers utilizing the iSolved platform. Contempo HCM’s cloud-based workforce management solutions include payroll, time and attendance, HR administration and electronic benefit administration for Arizona business owners.

Bailliere believes business owners can reduce the cost and complexity of managing a workforce. “Our system provides real-time data and immediate access to information for better decision-making. We want our clients to focus on their core objectives while outsourcing the risks and burdens associated with the changing employer and workforce management environment.”

Marc Fleischman, BeachFleischman’s CEO says, “We are excited about the incredible opportunities that Contempo brings to the marketplace. It’s locally owned, and Larry is a proven industry thought leader and entrepreneur who will leverage the talents of his team to help our current and future clients accomplish their goals.”

Contempo HCM is headquartered in Tucson and has an office in Phoenix.

Wipfli Partners With Paladion For AI-Driven Managed Detection And Response Services

Milwaukee-based Wipfli LLP (FY18 net revenue of $317.9 million) has announced that it has partnered with Paladion, a global provider of cybersecurity and managed detection and response services.

“Cyber threats continue to increase at an extremely fast pace with no signs of slowing down,” says Jeff Olejnik, PIC of Wipfli’s cybersecurity practice. “Today, it takes U.S. companies an average of 200 days to detect a data breach. Through our partnership with Paladion, we can reduce the response time to minutes.”

Managed Detection and Response (MDR) is unlike traditional managed security service providers (MSSPs) who provide alerts from security monitoring. MDR provides more extensive services than threat detection. It is an advanced managed security service that provides threat intelligence, threat hunting, security monitoring, incident analysis and incident response. MDR uses AI and machine learning to investigate threats, contain them and orchestrate responses.

“We developed our AI-driven MDR program to give businesses simplified access to next-generation cybersecurity, and our partnership with Wipfli will bring leading edge AI-driven threat detection and response to Wipfli’s clients,” says Rohit Kumar, who leads strategic partnerships at Paladion.

Wipfli chose Paladion’s MDR for end-to-end threat management that combines AI and automation, the firm says.

More news from Wipfli

More news on cybersecurity

Prager Metis Expands Forensic and Dispute Advisory Practice; Admits New Partner

New York City-based Prager Metis CPAs (FY17 net revenue of $82.5 million) welcomes Yasmine L. Misuraca to the firm as PIC of the forensic and dispute advisory practice.

Yasmine L. Misuraca

“Bringing Yasmine on board is essential for our plans to expand our resources and further strengthen our reputation as the ‘go-to’ experts in forensic and dispute advisory,” says Glenn Friedman, CEO and co-MP. “She possesses a unique and extensive background in this arena and she is a valuable addition to the team.”

Misuraca is a forensic accounting specialist providing consulting and expert witness services and has more than 25 years of experience in both public accounting and private industry. Working for both plaintiffs and defendants, Misuraca’s clientele includes private individuals, attorneys, corporations and government agencies. She specializes in conducting forensic examinations and assisting clients in complex disputes, such as contract disputes, SEC actions, mergers and acquisitions, and matrimonial disputes.

The practice provides quality investigative, expert witness and consulting services.

More news from Prager Metis

More news on Forensic Practices

Cendrowski Corporate Advisors Launches Alliance With Former IRS Criminal Investigator

Bloomfield Hills, Mich.-based Cendrowski Corporate Advisors announced that it is adding to its investigative, anti-fraud, money laundering, internal investigations and asset forfeiture capabilities with its new alliance with Ron Braver and Associates LLC of Chicago.

Braver is a former special agent and supervisory special agent of the criminal investigation division of the IRS. He and his firm bring decades of federal law enforcement and private sector consulting experience to Cendrowski Corporate Advisors.

The firm focuses on high-profile investigations involving criminal tax matters, failed banks and savings and loans, bankruptcies, and fraud across a range of issues including securities, mortgage, health care, foreign exchange as well as embezzlement.

“Confronting today’s sophisticated frauds and corporate malfeasance takes a level of expertise that isn’t easy to find,” says Harry Cendrowski, CCA managing director, “and through our alliance with Ron and his firm, we’ve done just that. He calls Braver a “force multiplier.”

Braver adds, “I’ve known the Cendrowski team by reputation for years, and have seen many of their expert reports in prior matters where we were mutually involved – and I’m looking forward to expanding the investigatory and financial tools they can deploy for their clients across a wide range of sectors.”

Braver’s IRS investigations led to approximately 75 guilty pleas/convictions and more than $41 million in forfeiture and fines. Formerly with Chicago-based Grant Thornton LLP (FY18 net revenue of $1.87 billion), he founded Ron Braver and Associates LLC in 2012.

Sax LLP Adds Transaction Advisory Services

Clifton, N.J.-based Sax LLP (FY17 net revenue of $37.7 million) has launched a transaction advisory practice to help companies navigate complex transactions whether buying or selling, restructuring or providing capital solutions.

Sax says that with the increasing rate of M&A deals and transactions across all industries, a natural move to assist companies with deal strategy, valuation and performance improvements, due diligence, and the integration or divestiture of a business.

“We always work to help create value, manage risk and seize opportunities to unlock potential growth, and our transaction advisory practice is one more value-enhancing service for businesses who are in pursuit of synergy, diversification, growth and the competitive advantage,” says MP Joseph A. Damiano.

The practice is led by partner Todd W. Polyniak, who has over 30 years of auditing, accounting and advisory experience. “At Sax, we understand that capital is the lifeblood of every growing business, and we recognize the delicate balance between deal makers and deal breakers when it comes to M&As and transactions,” he says. “Our aim and intent are to properly and thoroughly advise businesses so they can make informed decisions about strategically managing capital and transactions in fast-changing markets, and to secure their intended outcome.”

More news from Sax LLP

Anders Focuses on Cannabis Industry Following Missouri Legalization

St. Louis-based Anders CPAs + Advisors (FY17 net revenue of $31.8 million) is expanding expertise and services for businesses in the cannabis industry following the legalization of medical marijuana in Missouri.

Anders says it has a team committed to staying on the forefront of evolving regulations, licensing procedures and accounting practices for the cannabis industry.

“This is a great opportunity for the firm to enter into a progressive industry and offer valuable insight and expertise to cannabis businesses, from seed to sale,” explains Adam S. Prest, tax principal and leader of the Anders cannabis team.

The firm works with cannabis entrepreneurs, including cultivators, extractors, manufacturers, dispensaries and investors. The team has the tools to help cannabis businesses succeed and navigate regulations and complex tax challenges, including Section 280E. Anders is offering services to help with entity selection and business plan development prior to the license and application process, to performing valuations to assist in the sale of a business.

More news from Anders CPAs + Advisors

More news on Cannabis Practices

Carr Riggs & Ingram Unveils CRI Advanced Analytics

Enterprise, Ala.-based Carr Riggs & Ingram (FY17 net revenue of $286.1 million) recently launched CRI Advanced Analytics, a new software company focused on providing clients with actionable data to help them prepare for future trends in their industry.

CRI Advanced Analytics provides innovative solutions that allow companies to forecast critical aspects of their business. The software platform utilizes interactive, user-friendly visualizations and dashboards to produce reliable analytics that identify essential metrics around areas like reimbursement, staffing, and revenue management. Currently, the software offers metrics for the long-term care industry. However, a new product is being developed to help diversify offerings to include hospitality organizations. The goal is to continue expansion and provide functional data to businesses in a range of different industries.

“The addition of this new portfolio allows CRI to strategically grow our practice and develop new capabilities in the realm of data analytics,” says Bill Carr, MP of CRI. “Our goal is to revolutionize functional data and understand how the marketplace translates these crucial insights into industry trends. We look forward to the endless opportunities that we have to expand our software offerings and making this application available to a range of diverse industries.”

For more information on CRI Advanced Analytics, visit CRIanalytics.com.

More news from Carr Riggs & Ingram

KCoe Isom Announces Program to Aid Food & Ag Entrepreneurs

Salina, Kan.-based K·Coe Isom (FY18 net revenue of $68.2 million) announced a new program intended to provide entrepreneurs with a more visible platform for their food and ag innovations. The unique Spark program utilizes the expertise of K·Coe Isom’s food and ag consultants to identify and promote clever innovations and young companies that have the proven potential to change and advance food and agriculture operations.

“The foundation for the Spark program was conceived from the amount of requests we were receiving from start-ups that were approaching us to partner with them to help bring their products or services to market,” says Kathleen Walton, partner and chairwoman of the board for K·Coe Isom.

“As a leading food and ag firm, our ability to positively shape the future and strengthen the position of food and ag companies is what matters most to us. By creating a program that can connect these innovative ideas and companies with our firm’s dynamic resources, clients, and industry leadership, our ultimate goal is to progressively transform America’s oldest and most important industry – a win-win for everyone,” says Walton.

Applications will be reviewed, and companies will go through a comprehensive due diligence process to be accepted. Spark program members will receive access to the expertise of food and ag advisors, brand promotion, and strategic opportunities to accelerate their company.

Find out more at: www.kcoe.com/spark

More news from K·Coe Isom

Friedman Launches New Brand for Cybersecurity Company: CyZen

New York-based Friedman LLP (FY17 net revenue of $101.5 million) has unveiled a new website and brand of its cybersecurity company, CyZen.

“While many cybersecurity consultants prey on fear, CyZen takes a unique approach — delivering thoughtful and practical guidance that brings you peace of mind,” the firm announced. “We draw our inspiration from the ensō, or the circle of enlightenment, which reflects our mission to restore cyber tranquility to your organization.”

CyZen helps businesses assess and prevent cyber threats, detect and respond to attacks, and evaluate risks and review compliance. Services include penetration testing and vulnerability management through incident response, risk assessment and more.

More news from Friedman LLP