Share |

cyber security

Holding the virtual fort: Family business versus new technology

September 12, 2014

The cyber world may seem intangible, but security breaches can have a very real impact on your family's money, reputation and even safety. CampdenFB looks at how and why family offices should take data security seriously

In May, Target chief executive Gregg Steinhafel stepped down after 35 years at the chain, following revelations a data breach had affected 70 million customers – one of the largest consumer data breaches ever. It came just one year after the National Security Agency (NSA), one of the most secretive government bodies in the US, was embarrassed by third-party contractor Edward Snowden, who released information to the media about their surveillance of non-consenting individuals. Data security breaches, big and small, are on the increase, and are making headlines.

Report outlines how family offices can keep sensitive data out of cyber hacker hands

August 11, 2014

A “shocking” number of family offices send confidential information via email, according to a family wealth IT expert, as new research outlines how family offices can protect themselves from cyber attacks.

Internet security for family offices: 10 steps to protect online information, a white paper published by software company Archway Technology Partners and family office intranet provider Trusted Family, released this month, says the majority of family offices lack the specialist IT security needed to prevent cyber attacks.