More than 50.5 million American workers, or 20 percent, could participate in March Madness office pools this year, according to a report from outplacement firm Challenger, Gray & Christmas. That's up 5 percentage points from last year and 9 points from 2014.
The loss of productivity in the opening week of March Madness could cost employers nearly $4 billion in lost revenue, according to the report. And each hour of the workday wasted on building brackets or watching games will cost employers $1.3 billion.
Palo Alto Networks offers recommended best practices and custom signatures to monitor and control traffic usage of the NCAA's March Madness Live page/app.