Breakout A - Internal Controls to Support Cybersecurity

There are a myriad of cybersecurity issues facing families and family offices in today’s complex private wealth environment. While some of the challenges may seem unavoidable, families may unintentionally put themselves at risk because the complexity of family office activities and the potential impact of external factors aren’t proactively identified and addressed. One solution is to conduct a full diagnostic risk assessment and review of your internal controls to ensure that potential problems have been identified and proper mitigation strategies have been implemented. In this session, learn how to assess, evaluate, and mitigate some of the risks commonly found in the family office environment, key considerations that you should keep in mind when evaluating cybersecurity risks and solutions, and best practices you should be incorporating into your internal controls processes.

Doug Herman, Principal, Technology & Business Transformation Services, BDO USA, LLP
Jason Lipschultz, Managing Director, Third Party Assurance, BDO USA, LLP