Forbes: Don’t get hacked. The increased risk of cyber-threats and how family offices can protect themselves

July 6, 2023

Forbes article highlights importance of family offices preparing against all cyber-threats

Tobias Jaeger, Founder of Falcone International, recently shared his expert insight in a Forbes article authored by Senior Contributor and &Simple CEO Francois Botha. Titled "Don’t Get Hacked. The Increased Risk Of Cyber-Threats And How Family Offices Can Protect Themselves," the piece provides an in-depth exploration of the cybersecurity landscape facing family offices in the digital age.

cyber-threats family offices Falcone International Founder

Falcone International Founder Contributes to Forbes Article on Cybersecurity Risks for Family Offices

Jaeger's contribution to the discussion is grounded in his extensive experience in global risk management. He provides a nuanced understanding of the unique operational characteristics of family offices, elaborating on how these factors can inadvertently create opportunities for cyberattackers.

Joining other industry experts, including Muralidhran Nadarajah of Eton Solutions and Tony Gebely of Annapurna, Jaeger makes the case for security measures that are in place before they are needed: regular vulnerability assessment, systems built to be secure rather than secured afterward, and monitoring that continues once the project is over.

In his comments, Jaeger emphasizes the cost-effectiveness of preventative measures when compared to the potential financial and reputational impact of a cyber breach. The argument is straightforward: prevention is cheap relative to what a breach costs, and family offices tend to be under-defended relative to what they hold.

Read the full article here.


Falcone International

Bring us a question like this one

We handle corporate investigations, due diligence, financial investigations and duty of care — usually for people who need something established quietly, and established properly, before it turns into a problem.

Talk to usSee what we do

Discover more Insights from Falcone International

“Never Split the Difference” offers an inside look into the world of high-stakes hostage negotiations, translated into tactics for personal and business use. Chris Voss, a former FBI negotiator, shares strategies that center around empathy, active listening, and tactical mirroring to sway outcomes. This book is an essential guide for anyone aiming to improve their negotiation skills and interpersonal effectiveness.

In “On Intelligence,” John Hughes-Wilson offers an insightful journey through the clandestine world of intelligence and espionage. Covering historical events to modern dilemmas, the book illuminates the inner workings of intelligence agencies and their impact on world history. This exploration encourages critical thinking about the role of intelligence in society and the ethical issues it presents.

Fraud rises when budgets tighten. Pressure goes up, headcount comes down, and controls that quietly depended on someone having spare time stop working. This weekend read sets out where exposure concentrates during a downturn and which defenses actually hold: strong internal controls, systems that flag the patterns people miss, a crisis plan written before it is needed, and a culture in which raising an anomaly is not a career risk.

Joel Brenner sets the demand for transparency against the need for secrecy and finds that most institutions have no coherent answer to the collision. “Glass Houses” is less a privacy book than an account of what secrecy now costs, who can still maintain it, and how little of it survives in a world where nearly every action leaves a record somewhere.

Discover how we use our integrated capabilities for our clients

Case Studies and Client Stories