10 Tips for the Affluent to Stay Cybersafe
As the pandemic moved us from the workplace to the home, it created an environment where cybercrime was able to thrive. In fact, the FBI reported receiving a record-breaking 69 percent rise in cybercrime complaints over the course of the pandemic, amounting to more than $4.2 billion in losses.
While this uptick puts all digital users at greater risk, cyberattacks are increasingly being directed at more affluent individuals. This is due to both their wealth, making them high-value targets, but also their social standing, making them more searchable online. According to a Campden Wealth Research study, more than a quarter of ultra high-net-worth (UHNW) families, family offices and family businesses, with an average wealth of $1.1 billion, have been targeted by a cyberattack. Even more alarming, more than a third of respondents to the study indicated they do not have a cybersecurity plan in place.
As a high-net-worth individual, it is increasingly important to keep cybersecurity top of mind. Here are the top 10 tips to help protect your assets and keep you cybersafe, and they don’t just involve technology. Some risks can be reduced by just changing behaviors and being more vigilant.
In addition to the above, one of the best ways to protect your family and your business against cyber-attacks is to educate all members/employees so they clearly understand the risks and threats. Check out NIST (National Institute of Standards and Technology) publications for information and resources.
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