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As legislation around cybersecurity tightens, the total cost of a ransomware attack may now include fines and penalties on top of other recovery costs. Waiting to take action until after a breach occurs is too big of a risk. Yet even as cybercriminals are becoming more sophisticated in their attacks, businesses can take practical steps […]

With the global cost of cybercrime estimated at $8.4 trillion in 2022, governments feel rising pressure to take action with cybersecurity regulations designed to protect consumers. But for businesses affected by cybercrime, these new regulations may add insult to injury. Businesses targeted by cybercriminals already face disruption to their normal operations. It takes time and […]

With headlines highlighting tech debt disasters from some of the world’s most trusted brands, we wondered: what are the lessons for middle market companies? We reached out to Crosslake’s practitioner community to get advice for investors and their portfolio companies. Here’s what they had to say about dealing with technology growing pains – before they […]

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