Cyber Security of Family Offices in Asia – The Risks and How to Mitigate Them

The emergence of family offices in Asia brings along with it an emergence of cyber threats. These family offices can be likened to a digital treasury that has a magnet effect for hackers. With the mammoth of wealth being managed by these family offices, the threat is real and growing, the sooner it is recognized, the faster it can be averted. The author of a 2017 report on cyber security of family offices (released by Citi Private Bank), Edward Marshall, director, Global Family Office Group at Citi Private Bank, sai...