Hartford Business Journal

www.HartfordBusiness.com May 23, 2016 • Hartford Business Journal 7 WHAT'S AHEAD: ■ 5/30 Focus: Green Energy ■ The List: CT LEED Buildings ■ Nonprofit Profile: Knights of Columbus CALENDAR THURSDAY, MAY 26 Middlesex Chamber Energy Forum The Middlesex Chamber of Commerce will host its 2016 Energy Forum May 26 from 9:15 a.m.to 11:30 a.m. The event, sponsored by Eversource, Connecticut Natural Gas, Southern Connecticut Gas, and Pullman & Comley LLC, will focus on economic development through energy efficiency. The forum will include: an update on Connecticut's Comprehensive Energy Strategy, an energy focused economic forecast, an energy infrastructure update, and an update on best practices for energy efficiency and Energize CT initiatives. The forum will be held following the chamber's May member breakfast meeting with Dr. Edison Liu, CEO of the Jackson Laboratory. For more information or to register for both events, please visit: www. middlesexchamber.com. F O R A C O M P L E T E L I S T O F G R E A T E R H A R T F O R D B U S I N E S S E V E N T S , G O T O W W W . H A R T F O R D B U S I N E S S . C O M A N D C L I C K O N ' C A L E N D A R . ' A L L C A L E N D A R I T E M S M U S T B E S U B M I T T E D E L E C T R O N I C A L L Y V I A O U R W E B S I T E , H A R T F O R D B U S I N E S S . C O M . LEGAL Stag Arms, former owner fined in federal court Stag Arms and its founder were sentenced in Hartford federal court last week to fines and probation in the wake of an unregis- tered machine gun found at the gunmaker's New Britain factory. The company must pay a $500,000 fine and its former presi- dent, Mark Malkowski of Farmington, was sentenced to two years of probation and a $100,000 fine. "This is the first time nationwide that a major firearms manufacturer has been convicted of a felony and had its license revoked, effectively forcing the company to be sold to new owners," said Deirdre M. Daly, U.S. At- torney for the District of Connecticut. She said Stag displayed a "systemic and egregious disregard" of federal firearms regulations. The company was unable to account for hundreds of semi-automatic rifles and possessed over 60 unregistered machine guns. Stag Arms is now under new ownership as part of the White Wolf Capital LLC group. Malkowski is currently a consultant in the firearms industry. Dr. Edison Liu Mark Malkowski, former president, Stag Arms TECHNOLOGY A&A Office Systems acquires Branford data center firm Middletown's A&A Office Systems has expanded its footprint with the acquisition of RECOL, a Branford Internet provider. Financial terms weren't disclosed. A&A Office Systems is New England's largest family-owned in- dependent office technology dealer. RECOL is a data center that specializes in providing Internet services to businesses, munici- palities and other organizations. Founded in 1995, RECOL has been in Connecticut for over 20 years. RECOL was advised on its acquisition by Touchstone Advi- sors, a mergers and acquisitions firm in Enfield. Cyber attacks jumped 21 percent in 2015 A study released by Hartford Steam Boiler says nine of 10 busi- nesses experienced at least one hacking incident in the past year — an increase of 21 percent over 2104. According to the survey of business risk managers, 64 percent of risk managers say they have experienced more than six hack- ing incidents in the last year — up from 32 percent in 2015. The cyber study shows risk managers are worried about the safety and security of Internet of Things (IoT) devices, with only 28 percent saying they are safe for business use. Despite these con- cerns, more than half (56 percent) of the businesses implemented or plan to implement such devices. Stag Arms produces semi-automatic rifles from its New Britain plant. P H O T O | H B J F I L E

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