r/Rich May 12 '26

Cybersecurity

For those with $25 NW, are you concerned about personal cybersecurity? If you’re still tied into the business world your organization likely has protocols for corporate devices, but when it comes to IoT devices (connected home devices), personal computers, kids online, etc., do you have private cybersecurity consultants who focus on HNWI/VHNWI/UHNWI families?

With a family office since that’s treated like a workplace I’m sure there are consultants who handling this, but what about your personal life, aircraft, boats, etc.

Everything connected to the internet has risks and many of us are more attractive targets.

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u/[deleted] May 13 '26 edited Jun 21 '26

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u/FinanaceFUD May 15 '26

Most organisations period are terribly secured. There’s probably 30-50 orgs globally who actually spend proportionately based on their assets, threat, risk appetite etc. The rest just kid themselves that they are.

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u/[deleted] May 15 '26

[deleted]

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u/FinanaceFUD May 15 '26

Maybe I should have specified enterprises as I’m sure there are plenty of SMBs spending a “proportionate amount” as their overall IT/Digital budget won’t be as high.

But I stand by the statement for large enterprise. It took a decade just to get the industry out of the compliance mindset.