Overview

Cybersecurity and Artificial Intelligence (AI) play a crucial role in safeguarding the interests of family offices and wealth managers. Here’s why they are of paramount importance:

1. Protection of Financial Assets:
 Family offices and wealth managers deal with substantial financial assets and investments. Cybersecurity ensures that these assets are protected from theft, fraud, and unauthorized access. AI can aid in real-time threat detection, reducing the risk of financial losses.
2. Confidentiality of Sensitive Information: Family offices often handle highly sensitive financial and personal information of high-net-worth individuals. Robust cybersecurity measures maintain the confidentiality of this data, preventing data breaches and privacy violations.
3. Reputation Management: A security breach can tarnish the reputation of family offices and wealth managers. A strong cybersecurity posture safeguards their reputation by demonstrating a commitment to protecting clients’ interests.
4. Regulatory Compliance: Compliance with financial industry regulations is mandatory. Cybersecurity measures ensure that family offices and wealth managers meet regulatory requirements, avoiding legal repercussions and financial penalties.
5. Mitigating Insider Threats: Family offices often involve a close-knit group of employees and advisors. Cybersecurity and AI can help detect and mitigate insider threats, preventing data leaks or unauthorized actions by trusted individuals.
6. Risk Management: AI can analyze vast amounts of financial data, identify patterns, and assess investment risks more effectively than humans. This aids in making informed decisions and managing portfolios prudently.

7. Enhanced Efficiency: AI-powered tools can automate routine tasks such as data analysis, document processing, and client communication, freeing up professionals to focus on strategic decisions and personalized client service.

8. Fraud Prevention: AI can identify unusual or fraudulent activities by analyzing transaction data and behavioral patterns, reducing the risk of financial fraud within family offices.

9. Predictive Analytics: AI can provide insights into market trends, investment opportunities, and potential risks, helping wealth managers make data-driven decisions.

10. Adaptation to Evolving Threats: Cyber threats continually evolve. AI’s ability to adapt and learn from new data makes it a valuable asset in identifying and responding to emerging cybersecurity threats.

Family Wealth Report‘s Cybersecurity & AI Summit 2024 aims to empower family office professionals and wealth managers with the knowledge and tools needed to protect against cyber threats in an increasingly digital world.

Summit Key Highlights:

  1. Cybersecurity Insights: Gain valuable insights into the evolving threat landscape and strategies to protect financial assets and sensitive data.
  2. AI for Wealth Management: Discover how AI and machine learning are transforming wealth management and family office operations, enhancing decision-making, and optimizing investments.
  3. Expert Speakers: Engage with industry-leading experts, thought leaders, and practitioners who will share their experiences and expertise.
  4. Panel Discussions: Engaging panel discussions featuring experts discussing cybersecurity challenges, strategies, and regulatory compliance.
  5. Case Studies: Real-world case studies highlighting successful cybersecurity implementations and incident response strategies.
  6. Vendor Presentations: Leading cybersecurity companies will present their innovative products and services, providing insights into how they can bolster security measures.
  7. Physical Security Solutions: Explore cutting-edge technologies and practices to safeguard physical assets, properties, and private spaces.
  8. Networking Opportunities: Connect with peers, potential partners, and solution providers during networking breaks and social events.
  9. Exhibition Zone: Explore a diverse range of security and AI products and services showcased by leading vendors.

 

Contact us

Agenda

12.00 pm Registration, lunch & networking

1.00 pm Welcome

1.:05 pm Keynote about the intersection of Cybersecurity and AI by Chris Wake, Atypical

1.20 pm Panel Discussion about risk management by Kate Norris (Atténuer Risk), Ben Barrontine (360Privacy) and Lisa Gelles (Howard Insurance)

1:55 pm Presentation: Is Privacy the Antidote? by Mykolas Rambus, Hush

2:10 pm Presentation TBC

2:25 pm Networking and refreshments

2:45 pm Panel Discussion 2: Unleashing the power of AI: Navigating the benefits, challenges and risks 

Learn how to adapt your industry practices and safeguard your family office from risks associated with the evolving generative AI (GenAI) landscape. PwC specialists will showcase real-world examples of GenAI trends transforming industries and discuss how to embrace these advancements while protecting your data and privacy. Gain a deep understanding of the cyber and privacy risks to watch out for and learn how to help reduce the risks for your family enterprise; by Danielle Valkner and John Boles, PwC

3:20 pm Presentation TBC

3:35 pm Presentation TBC

3:50 pm Networking and refreshments

4:10 pm Fireside chat by Global Guardian

4:40 pm Closing keynote

4.55 pm Summit close

5.00 pm Cocktail reception and networking

 


Logistics

Date and Time

Date: Tuesday 4th June - 2024
Time: 12:00 pm – 6:00 pm Eastern Standard Time

Venue

Convene

Address: 530 5th Ave, floor 9, New York, NY 10036, United States

Keynote speaker

Chris Wake

Founder

Atypical

Chris Wake is the Founder of Atypical, an early stage venture fund investing in plausible science fiction. He brings two decades of experience as an operator to his investing, including work […]


Speakers

Ben Barrontine

Vice President of Executive Services

360 Privacy

Ben Barrontine spent 15 years in the military ranging from Infantry to Special Operations Intelligence with extensive experience in social engineering, digital exploitation, and cyber targeting with the DoD, SOF, […]

Lisa Gelles

Executive Director - Private Client

Howard Insurance

Lisa Gelles serves as Executive Director in the Private Client Group at Howard Insurance. In her role, Lisa sits at the helm of the firm’s family office practice, working closely […]

Kate Norris

Founder and CEO

Atténuer Risk

Kate Norris is a recognized industry expert, having served hundreds of family offices and wealth advisory firms for over 25 years working on the broker, carrier, wealth advisory and consultancy […]

Danielle Valkner

Private, Family Office Leader

PwC

Danielle is an advisory partner leading our family office practice in the U.S. She advises clients on the unique needs of family offices and private wealth owners in the areas […]

John Boles

Principal

PwC

John is a Principal within PwC’s Cyber Practice, focusing on threats prevention and remediation. With over 27 years of experience in federal law enforcement, national security, and cyber operations, he […]

Annmarie Giblin

Partner

Norton Rose Fulbright US LLP

Annmarie Giblin helps clients navigate the legal complexities surrounding cybersecurity, privacy and data management with a focus on data governance, maintenance, cybersecurity planning and policies, privacy concerns and strategies, emerging […]

Mykolas Rambus

CEO and Co-Founder

Hush

Mykolas Rambus is the CEO and Co-Founder of Hush, the AI cybersecurity and privacy platform for companies and their employees. Before Hush, Mykolas was an executive at the credit bureau […]


About our Sponsors

Content Partners


Supporting Partners


Register

Contact us