Saturday Brief — How to Kill a $2M Company in Four Characters

☕ SATURDAY INTELLIGENCE BRIEF

The Weekly "How Did That Even Happen?" File

HOW TO KILL A $2 MILLION COMPANY IN FOUR CHARACTERS

admin/admin.

That's it. That's the whole security strategy. A manufacturing firm — profitable, 30 employees, two good decades — got ransomwared last fall because their network storage device was still running the credentials that shipped in the box. Not a sophisticated zero-day. Not a nation-state actor. A bot. Scanning the internet. Looking for exactly this level of ambition.

The attackers encrypted everything in eleven minutes.

Backups? Same network. Of course. Why would you put backups somewhere inconvenient? That would require planning, and planning would require admitting you're a target, and admitting you're a target would require spending money, and spending money would require a conversation with the owner, and the owner was busy. For five years.

Cyber insurance? They'd dropped the rider to save $4,200 a year. Annual savings: $4,200. Annual consequences: $340,000 in recovery costs they couldn't afford, 30 people without jobs, and a building that's now listed with a business broker instead of an IT firm.

For context: $4,200 is roughly what this company spent on break room coffee. They valued Keurig pods more than data security. The attackers valued their data at $340,000. Someone miscalculated.

THE PART THAT SHOULD MAKE YOU UNCOMFORTABLE:

This isn't rare. This is the median outcome.

88% of SMB breaches last year involved ransomware. 65% of SMBs don't use multi-factor authentication — the thing that takes 45 seconds to set up and blocks 99.9% of automated attacks. Only 11% use any AI-powered defense. The average SMB has better protection on their Instagram account than their production database.

The attackers aren't talented. They're just patient. And they start every scan with admin/admin, because it works more often than it should.

IF YOU SELL CYBERSECURITY: This story isn't a scare tactic. It's a Tuesday. You have prospects right now running default credentials on internet-facing devices. We can tell you which ones.

IF YOU BROKER BUSINESSES: The next deal you value, ask one question — "who manages your network credentials?" If the answer is a shrug, discount accordingly.

IF YOU BUY BUSINESSES: "Has this company had a security audit in the last two years?" is the new "are the books clean?" If they can't answer both, walk.

Have a good weekend. For the love of everything, change your passwords.

— Monadnock Cyber | Intelligence & Analysis

monadnockcyber.ai

#SaturdayBrief #CyberIntelligence #DontBeThisCompany

Saturday Intelligence Brief: How a $2M Business Died Because Nobody Changed the Default Password

☕ SATURDAY INTELLIGENCE BRIEF

The Weekly "How Did That Even Happen?" File

HOW A $2M BUSINESS DIED BECAUSE NOBODY CHANGED THE DEFAULT PASSWORD

A manufacturing firm in the Northeast — profitable, 30 employees, two decades in business — got hit with ransomware last fall. The entry point? Their network-attached storage device still had the factory login: admin/admin.

Not admin/P@ssw0rd123. Not admin/companyname2024. Just admin/admin. The same credentials printed on page 3 of the setup guide that nobody read in 2019.

The attackers encrypted everything. Backups? On the same network. Insurance? They'd let the cyber rider lapse to save $4,200 a year. Recovery estimate? $340,000. The owner looked at the numbers, looked at the building, and called a business broker instead of an IT firm.

Thirty employees found out on a Monday.

LESSON FOR THE INTELLIGENCE COMMUNITY

Every business that fails this way had the same three things in common — they knew they should update their security, they planned to do it "next quarter," and they assumed they were too small to be a target.

They weren't too small. They were too easy.

88% of SMB breaches last year involved ransomware. 65% of SMBs still don't use multi-factor authentication. The attackers aren't sophisticated — they're just persistent, and they start with the default credentials.

If you sell cybersecurity services: this story is your opening line.
If you sell businesses: this is why you check the cyber liability exposure before you set the asking price.
If you buy businesses: this is the due diligence question nobody asks until it's the only question that matters.

"When was the last time someone audited your network credentials?"

If the answer involves a pause longer than three seconds, you have your next conversation.

Have a good weekend. Change your passwords.

— Monadnock Cyber | Intelligence & Analysis
monadnockcyber.ai

Stutzman Intelligence Report — March 30, 2026

MONADNOCK CYBER • INTELLIGENCE DIVISION MARCH 30, 2026 PRIVATE • CONFIDENTIAL The Stutzman Report Every morning, our system scans 92 sources nationwide — verified commercial data, public record analysis, government registries, and proprietary models — then tells you exactly which ones are underpriced, fairly valued, or overpriced. What you’re seeing below is the summary. If you’re a Monadnock Cyber client, partner agent, or teammate — you get the full details for free. Every address. Every owner. Every signal. Delivered to your inbox before your first showing of the day. Buying or selling? Get ground truth. No marketing noise. No staged photos. Just machine-verified valuations across 828,000+ properties so you know exactly what a property is worth before you make a move. If you’re not working with us yet? You’re looking at the same data your competitors are already acting on. We made three referrals this week — all sourced from this intelligence. The addresses behind these numbers are worth real money. Ready to stop guessing? — jstutzman@monadnockcyber.ai  |  (603) 930-2222 865,867 Properties 17 Underpriced 622,237 Fair Value 11,554 Overpriced 89% Confidence ±5.0% Avg Error Underpriced Opportunities Top 19 by discount # LOCATION AVM ESTIMATE ASKING/SOLD DISCOUNT CONF METHODS DOM 1 23 Cusack Rd, Hampton NH ReFax→ $573,025 $485,000 -15.4% 66% A C 7 2 12 Baboosic Lake Rd, Amherst NH ReFax→ $511,569 $440,000 -14.0% 66% A C — 3 53 Baboosic Lake Rd, Amherst NH ReFax→ $511,569 $440,000 -14.0% 66% A C — 4 20 Millstream Ln, Concord NH ReFax→ $406,712 $350,000 -13.9% 62% A C 145 5 19 Robbins Rd, Wilton NH ReFax→ $335,364 $291,000 -13.2% 73% A C — 6 54 Baboosic Lake Rd, Amherst NH ReFax→ $542,330 $474,000 -12.6% 66% A C — 7 57 Baboosic Lake Rd, Amherst NH ReFax→ $554,335 $488,000 -12.0% 66% A C — 8 99 Robbins Rd, Wilton NH ReFax→ $353,585 $312,000 -11.8% 73% A C — 9 22 Baboosic Lake Rd, Amherst NH ReFax→ $565,956 $502,000 -11.3% 66% A C — 10 15 Baboosic Lake Rd, Amherst NH ReFax→ $570,013 $507,000 -11.1% 66% A C — 11 47 Newmarket Rd, Durham NH ReFax→ $641,576 $572,000 -10.8% 66% A C 4 12 52 Baboosic Lake Rd, Amherst NH ReFax→ $574,023 $512,000 -10.8% 66% A C — 13 55 Baboosic Lake Rd, Amherst NH ReFax→ $577,196 $516,000 -10.6% 66% A C — 14 24 Baboosic Lake Rd, Amherst NH ReFax→ $581,897 $522,000 -10.3% 66% A C — 15 23 Baboosic Lake Rd, Amherst NH ReFax→ $582,674 $523,000 -10.2% 66% A C — 16 44 Baboosic Lake Rd, Amherst NH ReFax→ $585,763 $527,000 -10.0% 66% A C — 17 8 Broadview Ter, Gilford NH ReFax→ $6,602,500 $6,547,000 -0.8% 85% A D — 18 8 Broadview Ter, Gilford NH ReFax→ $6,602,500 $6,547,000 -0.8% 85% A D — 19 8 Broadview Ter, Gilford NH ReFax→ $6,602,500 $6,547,000 -0.8% 85% A D — Overpriced — Proceed with Caution Top 25 by premium # LOCATION AVM ESTIMATE ASKING/SOLD PREMIUM CONF METHODS DOM 1 54 Chestnut Hill Rd, Amherst NH ReFax→ $826,936 $1,644,000 +98.8% 66% A C — 2 112 N Broad Bay Road, Freedom NH ReFax→ $1,113,602 $2,195,000 +97.1% 78% A D — 3 106 Chestnut Hill Rd, Amherst NH ReFax→ $826,843 $1,608,000 +94.5% 66% A C — 4 58 Chestnut Hill Rd, Amherst NH ReFax→ $826,834 $1,606,000 +94.2% 66% A C — 5 446 Benton Road, Haverhill NH ReFax→ $1,018,299 $1,900,000 +86.6% 78% A D — 6 56 Chestnut Hill Rd, Amherst NH ReFax→ $826,281 $1,539,000 +86.3% 66% A C — 7 94 Chestnut Hill Rd, Amherst NH ReFax→ $825,705 $1,500,000 +81.7% 66% A C — 8 13 Chestnut Hill Rd, Amherst NH ReFax→ $825,287 $1,478,000 +79.1% 66% A C — 9 48 Chestnut Hill Rd, Amherst NH ReFax→ $823,474 $1,409,000 +71.1% 66% A C — 10 64 Chestnut Hill Rd, Amherst NH ReFax→ $821,529 $1,357,000 +65.2% 66% A C — 11 89 Chestnut Hill Rd, Amherst NH ReFax→ $821,486 $1,356,000 +65.1% 66% A C — 12 72 Chestnut Hill Rd, Amherst NH ReFax→ $820,999 $1,345,000 +63.8% 66% A C — 13 104 Chestnut Hill Rd, Amherst NH ReFax→ $820,242 $1,329,000 +62.0% 66% A C — 14 52 Chestnut Hill Rd, Amherst NH ReFax→ $817,406 $1,278,000 +56.3% 66% A C — 15 63 Chestnut Hill Rd, Amherst NH ReFax→ $817,155 $1,274,000 +55.9% 66% A C — 16 61 Chestnut Hill Rd, Amherst NH ReFax→ $814,757 $1,239,000 +52.1% 66% A C — 17 59 Chestnut Hill Rd, Amherst NH ReFax→ $808,275 $1,164,000 +44.0% 66% A C — 18 53 Chestnut Hill Rd, Amherst NH ReFax→ $801,401 $1,103,000 +37.6% 66% A C — 19 105 Chestnut Hill Rd, Amherst NH ReFax→ $799,322 $1,087,000 +36.0% 66% A C — 20 101 Chestnut Hill Rd, Amherst NH ReFax→ $797,541 $1,074,000 +34.7% 66% A C — 21 66 Baboosic Lake Rd, Amherst NH ReFax→ $788,666 $1,017,000 +29.0% 66% A C — 22 57 Chestnut Hill Rd, Amherst NH ReFax→ $785,654 $1,000,000 +27.3% 66% A C — 23 45 Chestnut Hill Rd, Amherst NH ReFax→ $783,227 $987,000 +26.0% 66% A C — 24 40 Chestnut Hill Rd, Amherst NH ReFax→ $776,984 $956,000 +23.0% 66% A C — 25 161 Mcgettigan Rd, Wilton NH ReFax→ $492,166 $605,000 +22.9% 73% A C — Distress Signals by Market Active motivated-seller indicators SIGNAL TYPE MARKET COUNT High Equity Free Clear Derry, NH 170 Senior Owner Derry, NH 152 High Equity Free Clear Portsmouth, NH 104 High Equity Derry, NH 71 Expired Listing Amherst, NH 60 Absentee Owner Derry, NH 40 Senior Owner Portsmouth, NH 40 Absentee Owner Portsmouth, NH 38 VALUATION METHODS A = Verified Comps    B = Government Assessment    C = Proprietary Estimate    D = Recorded Transfer    |   GREEN = underpriced   YELLOW = fair value   RED = overpriced   GREY = insufficient data All valuations are independently validated by the Fred & Ethel™ verification system. Fred re-values each property using tight comparable criteria; Ethel audits data integrity across multiple sources. Each property receives a confidence grade (A–F) before publication. This process mitigates errors, data anomalies, and model limitations. Grades reflect analytic rigor, not investment advice. Want the Full Picture? This report shows city-level summaries. Our clients get full addresses, owner details, AI-generated property assessments, and distress signal overlays — delivered before your first cup of coffee. Jeff Stutzman • (603) 930-2222 • jstutzman@monadnockcyber.ai Monadnock Cyber, LLC 71 NH 101A Suite 11, Amherst, NH 03031 Jeff Stutzman • jstutzman@monadnockcyber.ai • (603) 930-2222 This report is prepared exclusively for qualified investors and industry professionals. Information is derived from public records, verified commercial sources, and proprietary intelligence models. Not an offer to sell or solicitation. All data believed reliable but not guaranteed. 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Milford's Median Sold Price Hits $427,500 as Prices Cut by 22%

March 29, 2026 Market Intelligence Brief

A surprising trend emerges from this week's data: in Milford, NH, a staggering 22% of listings have cut their prices. Meanwhile, in Amherst, not a single home has seen its price drop. This stark contrast highlights the importance of staying informed about local market conditions.

Milford, NH

Median sold price: $427,500. Days on market (DOM): 20. Supply: only 2 months. Notably, one out of every four homes sold above ask. With prices dropping for nearly a quarter of listings, buyers may find more negotiating power in the current market.

Amherst, NH

Median sold price: $772,500. DOM: 42. Supply: only half a month. No price drops were reported, and none of the homes sold above ask. This suggests a hot market where sellers are in control.

Median sold price: $440,000. DOM: 9. Supply: three months. One out of every two homes sold above ask. Wilton's competitive market favors buyers willing to act quickly.

Best Buys and Standout Properties

In Milford, the best buy is 411 Mont Vernon Road, Milford, NH 03055, priced at $200,000 with 3 bedrooms, 3 bathrooms, and 2052 square feet. For Wilton, look no further than A 66 Burton Highway, Wilton, NH 03086, listed for $175,000. In Amherst, consider 4 Milford Street, Amherst, NH 03031, priced at $204,900.

Actionable Insights and Recommendations

REFax™ analyzes over 150 data sources to provide the most accurate market intelligence. Based on this week's trends, buyers should prioritize acting quickly in Wilton and Amherst, where supply is low. Sellers in Milford may want to consider price adjustments to remain competitive.

Get your free REFax™ property report at https://getrefax.com, or book a free consultation with Kathy at <

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Jeff Stutzman is a former intelligence officer and the founder of Monadnock Cyber, a real estate intelligence and analysis firm. He builds tools like REFax™ that give buyers, sellers, and agents the information advantage — because in real estate, what you don't know costs you money.

Need a realtor who actually knows the data? Contact Kathy MacKinnon at KathyMackinnon@monadnockcyberrealty.com