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 […]
News of the FDIC’s backstop plan to cover depositors at Silicon Valley Bank (SVB) and Signature Bank provided a measure of relief for banking clients following bank runs late last week and the closure of both financial institutions. While the full impact of these events remains to be seen, we know that tumultuous times call […]
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 […]
The fact that Susan Wojcicki leaving YouTube was a newsworthy event is bittersweet. After several years, it’s common for a CEO to move on, but women in top executive positions in technology companies are rare enough that any departure becomes significant. It was a notable loss of representation for all women in tech. It was […]
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