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FWR Family Office Cybersecurity, AI Summit – The Report
Editorial Staff
25 July 2024
The publisher of this news service is delighted to issue a report following the Family Wealth Report Family Office Cybersecurity and AI Summit, held in New York earlier this year. The 24-page document carries articles from industry experts. The summit, held in New York, gave family office practitioners an opportunity to chew over ideas in a convivial setting. Part of FWR’s value for our audience is creating a platform on which people can share ideas. The document contains the following articles: Archimedes' Lever – AI and the age of infinite leverage – Chris Wake, of Atypical;
As readers know, the recent outage involving Microsoft and CrowdStrike, hitting airlines, banks, healthcare providers and payments systems around the world, while not necessarily caused by a malicious attack, is perhaps further evidence of the vulnerabilities of modern tech, and will prompt family offices to think about resilience.
Family offices cannot afford not to spend time and resources on guarding against cyberthreats. Although AI also brings potential problems – it offers a range of solutions and opportunities for the sector. There are many positives.
The intersection of cybersecurity and physical security – Tom, Aldrich, of 360 Privacy, Lisa Gelles, Howard Insurance, and Kate Norris, Atténuer Risk;
Hacking People – Cybersecurity, reputations and AI – Mykolas Rambus, Hush;
The use of AI in creating social engineering attacks – Gilad Zinger, Yemin Family Office;
Unleashing the power of AI: Navigating the benefits, challenges and risks – John Boles and Danielle Valkner, PwC;
Why AI will not 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 highly mature cybersecurity programs? – Tim Schnurr, Inquisitive IT;
Addressing the threat of AI to physical security – Elizabeth Buckley, Praetorian, and Tristan Flannery, Orbital Risk; and
From risk to resilience: Strategies for cybersecurity 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.