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As small-scale operations managing the assets of wealthy and prominent clients, family offices are especially vulnerable to targeted phishing attacks and electronic impersonation. Moreover, as organizations that, by definition, handle sensitive confidences, famliy offices face IT-borne risks not only from malicious acts but also from innocent employee acts.
While none of these risks can be eliminated, family offices can reduce their frequency and likely severity. Join us as we address the particular cybersecurity threats faced by family offices and explain cost-effective measures to reduce these risks.
We will discuss the hard look that's needed to enable leadership to secure the family office despite IT's inherent porousness by:
- Identifying what current practices foster the gravest risk
- Implementing safer practices by priority
- Budgeting to replace obsolete tech over time
Jonathan "Jed" Davis