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Cybersecurity Essentials for Family Offices
This chapter underscores the critical role of IT infrastructure and data backup for family offices, highlighting the severe consequences of insufficient cybersecurity measures. It explores the complexities of ransomware threats, legal implications, and responsibilities for data owners, emphasizing the necessity of having a well-structured incident response plan. Additionally, proactive strategies and training are discussed to mitigate risks and enhance defenses against cyber threats in the context of family office operations.