While the revolution of the “information age” creates tremendous advantages and helps accelerate innovation, it brings with it new risks—namely cyber attacks.
Cloud-based applications, also known as Software as a Service (SaaS), offer significant benefits. They are highly affordable, require minimal IT involvement, have no hardware requirements, and offer great flexibility.
Steven Draper, Senior Consultant – Family Office Exchange Robert E. Mallernee, Partner, Chief Executive Officer – Eton Advisors, L.P.
Wednesday, August 10, 2016
QuickBooks and Excel are a common software pairing for family offices that seemingly has cost, flexibility and familiarity on its side. However, the disadvantages of this approach soon begin to outweigh the benefits.
Recognize that a cyber attack will occur at some point during a business lifecycle. Whether it is through web attacks, email phishing, exploit kits, point of sale, keystroke logging, or ransomware, the bad actors have figured out how to defeat your latest defense against a cyber attack.
Steven Draper, Senior Consultant – Family Office Exchange David London, Director; Jason Mayer, Senior Director and Greg Hill, Principal – The Chertoff Group
Wednesday, June 15, 2016
Family offices and family-operated companies face a variety of security risks, including: cyber, physical, reputational, and financial. In many cases, their interconnectedness to family residences complicates matters further.
The wealth management industry is seeing a wave of mergers and acquisitions (M&A). From the buyer’s perspective, the biggest question when pursuing M&A is whether the target firm is worth the asking price.
An unprecedented cyber theft transpired earlier this year, one as daring as it is revelatory. When unknown thieves siphoned $81 million from the Bangladesh central bank, by using the SWIFT system to trick the U.S.
Cybercriminals targets the financial industry 300 times more frequently than any other industry, resulting in mega breaches and millions of records stolen through hacktivism, malware, social engineering, phishing, and other applications.
