Risk – Croixstone

The Rise in Cyberattacks

Those of us who live in the Charlotte region and other locations up and down the East Coast are dealing with the high-impact aftermath of the Colonial Pipeline cyberattack. Here are some fast facts about the rise in cyberattacks to digest while you wait in line for that critical tank of gasoline.

Payments to ransomware attackers rose 337% from 2019 to 2020, reaching more than $400 million worth of cryptocurrency, according to figures just released by Chainalysis, a blockchain analysis company.

Healthcare companies experienced a 9,851% increase in cyberattack attempts from 2019 to 2020.

94% of malware is delivered via email.

Every minute, $2,900,000 is lost to cybercrime and top companies pay $25 per minute due to cybersecurity breaches.

46% of C-level officers suffered from a spyware attack in 2019.

Read to learn more about top cybersecurity facts, figures and statistics from CSO magazine.

Project QA/Risk Review

Did your organization identify the COVID-19 pandemic as a risk consideration when planning for a large, enterprise-wide program or project? Now is the right time for a remote project QA/Risk review, and Croixstone can help. Learn more here!

Thank you to David Frost for this white paper.

Top 10 CFO Risks for 2017

So what is keeping CFOs awake at night in 2017?

North Carolina State University’s Poole College of Management and Protiviti recently surveyed 735 board members and executives worldwide about risk issues that will likely have an impact on their companies this year. The top 10 risk issues cited by the respondents included:

Economic conditions
Regulatory changes
Cyberthreats
Rapid speed of disruptive innovations
Privacy/identity management
Succession challenges/attracting top talent
Volatility in global financial markets
Organization’s culture doesn’t identify risk
Resistance to change
Sustaining customer loyalty

Learn more via CFO magazine here.