During this webinar, World-class speakers with rare expertise will dive deep into the scope of the problem, its origins, the best mitigation approaches available today, and what hopes and threats are coming in the near future.
According to recent surveys by UBS and Northern Trust, cybersecurity is the n.1 concern of family offices worldwide, while it is the n.2 concern for high net-worth individuals. Paradoxically, the wealthier one gets, the greater their cybersecurity problem becomes: there is nothing money can buy. What is the real size of the problem? What are the best approaches and mitigations? What are upcoming new IT security paradigms and certifications to solve at root this problem?
It is targeted at non-technical executives of private banks, wealth and asset management organizations, family offices, as well as their consultants and UHNWIs. You will learn the main cybersecurity threats and challenges for family offices and UHNWIs, the size, and scope of the problem, leading approaches, and methods to mitigation. You will also learn the source of the above paradox, and understand new upcoming threats and new upcoming solutions. It will be a hands-on webinar with frequent QA sessions.
The 2nd of a series, this webinar is co-hosted by the Trustless Computing Association, Wealth Mosaic, TRUSTLESS.AI, and Orca AG. Following the format of last April for the Italian Association of Family Officers (AIFO), the seminar invitation-only will be held on our HOPIN platform from 4 to 7 pm.
Speakers
Program
4.00 pm — Introduction and Welcome by Speakers
Stephen Wall — Co-founder of The Wealth Mosaic
4.10 pm — The Size and Scope of the Problem (and intro to case studies: “The art deal at Crown Family Office” “Mr Tycoon’s travels”)
Rufo Guerreschi — Executive Director, Trustless Computing Association4.30 pm — Methods and Approaches to Risk Management
Koen Maris — Cybersecurity Lead, PwC Luxembourg5.00 pm — Technical and Organizational Mitigations
Tomas Hurcick — CEO, Orca AG5.25 pm — Technical and Organizational Mitigations and their Limits
Paolo Lezzi — CEO, InTheCyber5.50 pm — New Frontiers: Hardware and Certifications
Rufo Guerreschi — Founder, TRUSTLESS.AI6.20 pm — Question & Answers with Attendee and Speakers
6.40 pm — Open Networking
6.55 pm — Tips and takeaways
7.00 pm — Webinar Ends
Organizers
Trustless Computing Association is a Swiss-based research institute promoting a new IT security certification body to radically advance the security of digital communications and transactions for the most targeted persons and organizations. It promotes research initiatives, a global conference series, educational events, and it spun off in 2019 TRUSTLESS.AI, a startup spin-off building the 1st open computing base, ecosystem, and IT system compliant to such new certifications.
The Wealth Mosaic is a UK-based consultancy firm specializing in the scouting, analysis and comparison of the landscape of IT providers for the wealth management sector, including for private banks, family offices, and asset managers.
Orca AG is a leading Swiss provider of secure IT for family offices, geared and managing, visualizing and the most valuable assets while pushing the boundaries of confidentiality and security.
TRUSTLESS.AI is a Zurich-based startup building a 2mm-thin person computer, complaint to the Trustless Computing Certification Body, to bring unimagined freedom and peace of mind to the private digital life of family offices and UHNWIs.
Abstract
Cybersecurity is the n.1 or n.2 concerns of (U)HNWIs and family offices, according to recent surveys by UBS and by Northern Trust. Paradoxically, the wealthier one gets, the greater their cybersecurity problem becomes. Apparently, there is nothing money can buy. Nothing they can do about it. It seems like they just have to live with it, like rain or lightning.
With Covid-19 restrictions on traveling the problem has been getting even bigger, forcing family offices to deal digitally even with the most sensitive matters.
Secure messaging apps and iPhones are getting more secure, granting ordinary users unprecedented privacy and freedom. Additional technical and operational safeguards by more sensitive users can achieve even higher levels of security. What are the most effective current technical and risk management solutions available today?
Yet, even the best technologies and approaches don’t nearly mitigate the risk sufficiently. Why is it that if there is such demand, there is no adequate supply? What is the origin of the paradox? Materially, the insecurity is due to the excessive complexity obscurity of the technologies. But ultimately the root of the paradox is the need of the most powerful states to insert, purchase or maintain vulnerabilities and hyper-complexity in all information systems in order to gain access prevent serious crimes.
Fortunately, there are new technological and standards-setting approaches, and solutions, that promise to address the root of the paradox. These new approaches involve new systems that achieve a radical reduction in hardware and software complexity, high ease of use, and are subject to new international and independent certifications whose governance can ensure both these levels of security and privacy, and that the nations' request for access is evaluated and permitted - in person - when deemed legitimate, legal and constitutional.
Free and Safe in Cyberspace - 8th Edition
If interested in the future of cybersecurity for the most sensitive human communications you may also be interested to reserve a seat for our 8th Edition of the Free and Safe in Cyberspace conference series, on Geneva/Online next June 24-25th. This conference has been hosted across several continents with speakers from top organizations like European Commission, EU Parliament, and the European Defence Agency, amongst others.