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BlackCloak
BlackCloak, which develops digital executive protection for corporate leaders, high net worth individuals, and family offices, has launched what it calls its new, enhanced family office cybersecurity bundle.

The bundle includes family office setup and locking down emails to prevent business emails being breached because the email of a family office firm has been compromised. 

Family offices are in the firing line of cyber criminals. 

“Statistics point to an alarming trend: family offices are highly susceptible to costly cyber attacks, yet many are woefully unprepared to address them,” Dr Chris Pierson, founder and CEO of BlackCloak, said. “This is not about numbers; we’re talking about people and families, whose safety and financial security can be compromised with a simple phishing email, malware attack or social engineering scheme.” 

According to Deloitte’s 2024 The Family Office Cybersecurity Report, 43 per cent of family offices globally have experienced a cyberattack over the last 12 to 24 months, with 25 per cent experiencing three or more attacks. 

The reports said that among those which have experienced an attack, roughly one-third have suffered some form of loss or damage as a result. The report also reveals that despite the prevalence of such attacks, nearly one-third (31 per cent) of family offices do not have a cyber incident response plan in place. 

The BlackCloak Concierge Cybersecurity & Privacy™ Platform is used by Fortune 500 companies across all industries.