Trustees and Cyber Liability - What Steps Can Be Taken To Mitigate The Risk?


Trustees face unique cybersecurity challenges due to the sensitive information that’s shared among a wide array of advisors, trustees and beneficiaries. Trustees and beneficiaries alike may be targeted by cyber criminals desiring access to sensitive financial, strategic or operational data.  Many consider the management of cyber risks to be a responsibility of the trustee because the trust is the primary vehicle used to hold assets that are passed from one generation to the next.  

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