Continuity vs Emergency Planning

This blog educated on the reason to have an emergency preparedness audit. There is no time like the present to prepare for the unknown.

As family offices continue to evolve and adjust to dynamic market and world conditions, they must take into account four key risks. World events, such as Russia/Ukraine crisis and the effects of the ongoing pandemic will continue to influence family office risk mitigation and they won't be the last global events that family offices will need to address. The desire to reduce costs and risks, remain hypermobile and virtualize of services, and optimize productivity of the family office will be competing factors with which they will have to contend.

Subscriber Identification Module (SIM) swapping attacks are a rising cyber menace that can significantly impact your finances, reputation, and privacy. SIM swapping attacks increased by an astounding 400% from 2021 to 2022, according to the Federal Trade Commission (FTC).