Securing the Environment is NOT Always Easy, But is Entirely Worthwhile
Family offices have become increasingly attractive targets for cybercriminals. While family offices often steward billions of dollars in assets and oversee a vast range of sensitive personal and financial data,
many lack the robust cybersecurity infrastructure of traditional financial institutions because they are not public institutions. This imbalance—high-value assets protected by lean operational teams—creates a perfect storm of vulnerability, despite the best of intentions.
Why Family Offices Are at Risk The appeal of family offices to threat actors lies in both the value of the data and the perception of weaker defenses. Family offices typically handle detailed investment portfolios, transaction records, estate documents, and confidential personal information, including Social Security numbers, private correspondence, and even family secrets of very high net worth individuals. A successful breach can trigger cascading consequences: financial loss, reputational damage, extortion, identity theft, or exposure of confidential affairs.
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