A series of industry experts discuss cybersecurity programs, the role of AI in family offices/wealth management, the impact of new technologies on physical security, and building resilience are topics covered in this publication.
The publisher of this news service is pleased to publish a report following the Family Wealth Report Family Office Cybersecurity and AI Summit,held in New York earlier this year. The 24-page document contains articles from industry experts.
As readers know, the recent breakdown The attack involving Microsoft and CrowdStrike, which is hitting airlines, banks, healthcare providers and payment systems around the world, while not necessarily caused by a malicious attack, is perhaps further evidence of the vulnerabilities of modern technology and will prompt family offices to think about resilience.
Family offices cannot afford not to invest time and resources into protecting against cyber threats. While AI also presents potential challenges, it offers a range of solutions and opportunities for the sector. The benefits are numerous.
The summit, held in New York, gave family office practitioners the opportunity to brainstorm ideas in a friendly setting.
FWRThe value of for our audience is to create a platform where people can share ideas.
The document contains the following articles:
Archimedes lever – AI and the Age of Infinite Leverage – Chris Wake, from Atypical;
The Intersection of Cybersecurity and Physical Security – Tom Aldrich of 360 Privacy, Lisa Gelles of Howard Insurance, and Kate Norris of Mitigating Risk;
Hacking people – Cybersecurity, Reputations and AI – Mykolas Rambus, Hush;
The use of AI in creating social engineering attacks – Gilad Zinger, from the Yemin family office;
Harnessing the Power of AI: Understanding the Benefits, Challenges, and Risks – John Boles and Danielle Valkner, PwC;
Why AI Won’t Eliminate the Traditional Advisor – Andrew Evans, Rossby Wealth and Rossby Financial;
A Privacy Plan for Your Family Office – William Roberts, Day Pitney;
What can we learn from very mature cybersecurity programs? – Tim Schnurr, curious computer scientist;
Addressing the AI Threat to Physical Security – Elizabeth Buckley, Praetorian, and Tristan Flannery, Orbital Risk; And
From risk to resilience: cybersecurity strategies in family offices – Dale Buckner, Global Guardian, and Ileana van der Linde, JP Morgan.
To obtain a copy of the report, Click on this link.
