Over the past few weeks we heard about an increasing number of significant cyber-security breaches targeting government agencies, major corporations, utilities, and famous individuals. The most notable of the week was a breach of Michelle Obama's personal accounts. Another recent breach involved LinkedIn, and the list goes on. The White House is stepping-up its efforts to control this urgent problem creating a task force to address it, but alas, the situation appears to very difficult to control, and the feds are worried. For example, a breach of a utility could readily shutdown power grids, or an infiltration of the air-traffic system would wreak all sorts of chaos globally. At the local level, it is critical that companies step-up their focus on cyber security because each and every commercial business is fair game for a hacker, and don't underestimate what damage might be done to your business. On a more personal level, all accounts and online commerce is fair game for some young wizard in a foreign land, and we are all exposed to identity theft. Change that password now!

Tony LoPinto is the Global Sector Leader of Korn/Ferry International's Real Estate Practice and founder of SelectLeaders. The views expressed in this article are the author's own.

LUCESCU REALTY
Financial Analyst
(NEWPORT BEACH, CA) Duties include assisting the vice president in the underwriting and modeling of commercial real estate properties (property types include primarily retail shopping centers and office buildings); abstracting leases, reviewing operating budgets, operating statements, promissory notes and CAM reconciliations; preparing financial reports used in broker's Opinions of Value and Offering Memorandum; preparing ad-hoc financial analysis reports; and researching and summarizing relevant industry reports.