Tuesday's Afternoon Update

What you need to know about Florida today

| 3/24/2015

Banks fearing more cyber attacks and their cost

Banks appear to be diving into cyber risk management for 2015. Almost eight out of 10 banks increased cyber security budgets this year – and the average hike was in the 10 percent neighborhood, according to the 2015 Risk Practices Survey. More at the South Florida Business Journal.

States ranked by dependence on federal funding

Wallet Hub, which does lots of studies on lots of issues, just released a ranking of states on their dependence on federal funding. When it comes to federal funding, Florida and Georgia are a little more dependent than most states. More at the Florida Times-Union.

The business climate in the Sunshine State

Around the State
Generating Returns

A state-funded program designed to accelerate drug discovery in Florida is paying off, says Richard Houghten, the head of Torrey Pines Institute for Molecular Studies in Port St. Lucie. Torrey Pines.

The state granted Torrey Pines $6 million over two years to pay for the program.

» Access full story

It’s not just the weather that’s hot in Florida. Right now, buying and selling businesses in Florida is also hot. BusinessesForSale.com analyzed website data comparing Q4 2014 to Q1 2015 to bring you the following facts about Florida’s regions: Infographic: Business Climate in the Sunshine State.

Siemens CEO: Tech talent needed

Siemens U.S. CEO Eric Spiegel said last week that Central Florida has a lot of "horsepower" that can be leveraged to create one of the leading technology communities in the U.S. More from the Orlando Sentinel.

How to stay in love with your work

The workplace in 2015 is an odd place. Many people complain of being overworked, yet there are more mechanisms to achieve work-life balance than there have ever been. The more you like your job and are realistic in your expectations, the more you will enjoy your working life. More at Small Business.

Out of the Box
One Day University

Think of it as going back to college for a day. But this time, there are no tests, no homework and no grades. Moreover, you get to pick three of six classes taught by professors from some of America’s most prestigious universities. What you have is One Day University. One Day U has come to cities across the country and attracted thousands of students.