By the time they have been retired for 2 years, 78% of former NFL players have gone bankrupt or are under financial stress because of joblessness or divorce.
100 Mind-Blowing Financial Facts
78% of NFL players undergo a financial crisis by 2 years of retirement. Upon retiring for 2 years, a majority of former NFL players undergo bankruptcy or financial crisis. The main culprits? Unemployment and divorce.
List worked as an accountant and financial manager for various companies.
The family faced severe financial difficulties, leading to mounting debts.
Linux has great applications for personal and small business financial management. GnuCash and HomeBank are the most popular ones.
Financial services have 449,855 exposed sensitive files, 36,004 of which are open to everyone in the organisation. This is the highest when comparing industries. (Varonis)
On average, 70 per cent of sensitive files in the financial services industry are stale. (Varonis)
On average, a financial services employee has access to nearly 11 million files the day they walk in the door. For large organisations, employees have access to 20 million files. (Varonis)
Financial services businesses take an average of 233 days to detect and contain a data breach. (Varonis)
The average cost of a financial services data breach is $4.45 million. (IBM)
Financial breaches account for 10 per cent of all attacks. (Verizon)
74 per cent of financial and insurance attacks compromised personal details (Verizon)
53% of users haven’t changed their password in the last year (LastPass): Despite numerous reports in the last couple of years highlighting the impact of a poor password on data security and hacking issues, 53% of users worldwide haven’t changed their password in a year. 42% of customers say they believe a password should be easier to remember, rather than secure. 80% of users in this study said they’d be concerned if their password was compromised, but 48% wouldn’t change their password if it wasn’t required. When asked where they’d be tempted to create strong passwords, 69% of users said they would do so for financial accounts, and only 29% said they would create a strong password for work-related accounts.
The Secret Service Originally Fought Counterfeiting: Today we typically think of the U.S. Secret Service as protection for certain political leaders, including the President and Vice-President and their immediate families. But the agency was founded for a very different reason. By the end of the Civil War, fake money was a significant problem, with nearly one-third of all U.S. paper currency in circulation being counterfeit. As a result, the financial stability of the country was in jeopardy, so in 1865, the Treasury Department established the Secret Service to suppress the counterfeiting. They didn’t start protecting the President until 1901, after the assassination of President William McKinley.
The Chinese government uses financial incentives to encourage private companies to work on AI development.