Cybersecurity

Should You Buy Cyber Insurance?

Cyber insurance can be added on as an endorsement to a homeowners policy, but very few family offices choose to take advantage of it. Jason Ott, president of Aon Private Risk Management, offers his perspective on how cyber insurance can help mitigate cybersecurity threats.

Taking on the Challenge of Cybersecurity

Family offices cite cybersecurity as one of their key challenges. Bobby Stover, EY Americas family enterprise and family office leader, explains why it’s such a difficult issue and what family offices can do.

Family Offices Are Attractive Targets for Cyber Criminals — But They Can Fight Back

For 22% of family offices, cybersecurity is a top risk, according to the “Family Office Cybersecurity Report, 2024.” Tiffany Kleeman of Deloitte says family offices have a number of options to increase their defenses against cyberattacks.

Navigating Family Office Cybersecurity Challenges

Because family offices manage a great deal of wealth and sensitive information, they are targets for attacks via ransomware, phishing and social engineering. And they usually need a customized tool, which takes time and effort.

A Deeper Dive Into Cybersecurity

With the increased attention of family offices on cybersecurity has come a wealth of information to help family office leaders with both the nuts and bolts of a cybersecurity strategy as well as how that fits into broader security efforts.