The Members of the Northern NJ Mastermind Group were treated to a twofer this month with a cyber security presentation from IT & security expert Lena Licata and the return of Economist Dr. Hugh F. Kelly, who gave us a fresh look at 24-hour cities and subsequent link to the growth of the Northern New Jersey market.

Lena Licata, director of IT Risk Advisory & Cybersecurity at EisnerAmper, highlighted some of the ways a security systems breach can cost a company hundreds of thousands of dollars:
• Ransomware scams, identity theft, text “phishing” from Amazon and other e-retailers, robo calls and more are on the rise.
• iCloud transactions, the Internet of Things (IoT) and home security systems have opened new doors for hackers, identity thieves and cyber scammers.
• Former or disgruntled employees can play havoc on an unprotected system.
• Plus a simple way to plug or prevent a leak.
Dr. Hugh Kelly, author of 24 Hour Cities: Performance Beyond Measure, brought Members up to date on how and why proximity to a vibrant core city spurs the growth of surrounding real estate:
• The benefits of 24-Hour Cities vs. 9 to 5 Cities and how their trajectories affect surrounding suburban markets.
• Why industrial and multifamily are leading the way in Northern NJ.
• How Northern NJ stacks up as one of the top 4 major suburban markets and why.