Crosslake Insights

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Executives at large U.S. corporations are increasingly investing in process automation to address labor shortages and above-average turnover rates. According to a 2022 survey by UIPath, 78% of senior leaders surveyed noted that they expect automation investments to increase. We’re seeing similar trends among middle-market companies, as well. It’s hard to overlook the benefits of […]

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 […]

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