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March 2009

Five considerations for securing a midmarket company

Get creative. That's the most important step for anyone in charge of securing a midsize business, says Tony Meholic. He should know. Meholic went from managing the ethical hacking team at JP Morgan Chase, a huge worldwide enterprise, to leading security at Republic First Bank, a 300-employee regional bank based in Philadelphia. At JP Morgan, buying a $100,000 tool was a simple matter of some paperwork and signatures. At Republic First, asking for a $25,000 tool got him a pat on the back and a vague promise of "maybe sometime." "You have to get more creative as far as maintaining security, because certainly the requirements don't change," Meholic says. Just like their large counterparts, midsize companies with 100 to 1,000 employees face regulatory compliance pressures. They also face the same kinds of threats and can't afford a reputation-destroying and costly data security breach. But unlike big enterprises, midsize businesses don't have the luxury of ample resources and large security teams. They rely on ingenuity to figure ...

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