$75,000 is the average cybercrime loss experienced by families with a net worth of more than $10 million according to a new white paper by Citi Private Bank's Family Office group and Edward V. Marshall, with quotes from Brad Deflin.

Download a PDF copy of "Family Offices and Cybersecurity."

Family Offices and Cybersecurity

“The best defensive technology in the world doesn’t protect you from your weakest link — the people that use it.  Security policies and training from the board room to the break room are imperative to any risk mitigation plan.  Cyber risk is now an existential threat. Personally, professionally, it never goes away.  Effective training is about individuals, cyber self-defense, and their long-term quality of life.” 16

Brad Deflin, CEO of Total Digital Security

 

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Topics: Family Offices, Cybersecurity for Life

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