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Cybersecurity Is Culture: What Family Offices Must Understand About Digital Exposure

Cybersecurity Is Culture: What Family Offices Must Understand About Digital Exposure

Is your culture protecting your legacy—or quietly exposing it?

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Good Governance Institute
Jul 15, 2025
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Good Governance Institute
Good Governance Institute
Cybersecurity Is Culture: What Family Offices Must Understand About Digital Exposure
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In a world where 43% of family offices have experienced a cyberattack in the past two years—and where half of those suffered three or more breaches—no one is such thing as immunity. Despite managing billions in assets and operating with discretion, too many family offices are sleepwalking toward risk. Why? Because their culture, cybersecurity posture, and compensation incentives are not aligned.

When these three elements are out of sync, they don't cancel each other out—they compound each other’s vulnerabilities. What begins as a minor oversight—an overshared post, a poorly trained assistant, an unrewarded whistleblower—can become a catastrophic breach of trust, data, and family legacy.

Cybersecurity Is Culture

The biggest threats to family offices are not always external actors—they’re internal assumptions. Too many leaders still believe cybersecurity is an IT issue, not a governance issue. They delegate it. They under-resource it. And they assume privacy equals safety.

“Cybersecurity isn’t one-and-done. It needs ongoing care, education, and board-level attention.”—Zaki Abbas, CISO, Brookfield Asset Management

But the numbers tell a harder truth:

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