Cybersafe: Understanding and Managing Cyber Threats to High Net Worth Individuals

Overview

The potential value of a high net worth victim to a cyber-criminal and the uniquely complex lives of the high net worth, place them at higher risk of cybercrime. Trusted employees or third parties help care for their children, manage their finances, maintain their homes, automobiles and valuable collections, and more. Each of these connections creates potential for exposure and increases the ‘attack surface’ for a cyber adversary to focus on. The trusted third party themselves may not have malicious intent, but they may be the unknowing entryway into the high net worth individual’s network or personal data. The good news is that you can protect yourself against cyber risks by understanding and managing the key threats to reduce the associated risks.

Advisor Thinking