Overview
High net worth families and their respective offices, as well as family-owned and operated businesses, are facing increasingly complex security risks in both the physical and cyber domains. Rising geopolitical tension, rapid changes in technology and the increasing ease with which adversaries can access cyber intrusion tools are combining to raise both the likelihood and severity of potential family impacts. Family offices are particularly attractive cyber targets because they manage significant financial assets, and in many cases, they have an extensive, interconnected network with the underlying family-owned business. Risk elimination is impossible, but a family office can greatly reduce its risk profile by proactively implementing a 360° family security risk management program.