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Schillings

Getting fit for the future: Prioritising cybersecurity, investment and succession

June 3, 2019

As operating environments become increasingly competitive and complex, the family office of the future will need to become savvier about their investment strategies while tackling challenges such as cybersecurity and succession, experts say. The ones that do not risk sleepwalking into disaster.

Early in 2019, a 20-year-old German man admitted to police that he was behind one of the country’s biggest data breaches where hundreds of documents containing private information of a thousand public figures were leaked online.

Market Insight: Plan for Privacy

October 23, 2018

The management of risk is essential to the human experience. For families who may be targets for attempted fraud, extortion or, in extreme cases, personal security risks such as kidnapping, mitigation begins with consciousness of the risks and having the right underlying protections in place.

The management of risk is essential to the human experience. We do it every day, to greater and lesser degrees; planning travel, investing in businesses, crossing the road. Most of our essential life decisions involve at least a degree of risk and while these can be managed, they can rarely be eliminated entirely.

For families who may be targets for attempted fraud, extortion or, in extreme cases, personal security risks such as kidnapping, mitigation begins with consciousness of the risks and having the right underlying protections in place.

Market Insight—Critical risk: Extortion, blackmail and kidnap for ransom

June 18, 2018

John Chase and Brittany Damora, Schillings’ extortion, blackmail and kidnap for ransom specialists, set out the scope of the threat and what steps family offices and family businesses need to take when faced with this type of critical risk scenario

It’s all about the money

'Machine on machine war' the future of cybercrime

May 3, 2018

In five years’ time, the battle to keep data secure against cyber-attacks will descend into a “machine on machine war” with the advancement of artificial intelligence, a former head of MI5 says.

In five years’ time, the battle to keep data secure against cyber-attacks will descend into a “machine on machine war” with the advancement of artificial intelligence, a former head of MI5 says.

Lord Jonathan Evans, speaking at Jersey Finance’s “An Open World” Annual Private Wealth Conference, told an audience of more than 600 family offices, wealth holders and advisers that attacks would become more sophisticated as hackers made use of semi-autonomous technology.

Cyber-Attack: The Incident Response Team

April 17, 2018

Blind panic may be the first response to a cyber-attack, but family businesses and family offices need not fear if they follow training and a steady response. Three cyber experts at Schillings tell Daniel Bardsley how to react

Few things are worse for an organisation than falling victim to a cyber-attack, not least because the consequences can go well beyond the direct effects of having data leaked or made inaccessible.

The reputational damage can prove fatal.

Global cyber threat to businesses to grow in 2018

January 17, 2018

Business leaders are being urged by the World Economic Forum to boost their cybersecurity as the scale and sophistication of cyber-attacks is predicted to grow in 2018.

Business leaders are being urged by the World Economic Forum to boost their cybersecurity as the scale and sophistication of cyber-attacks is predicted to grow in 2018.

Market insight—Cyber-Attack: All Eyes On Your Data

December 12, 2017

Johannes Stillig, Head of Cyber at the reputation and privacy crisis consultancy, Schillings, sets out the steps that family businesses and their executives need to take to mitigate the risk of a cyber-attack and the loss of private and confidential information.

In your experience, how are family businesses performing when it comes to cyber security?

Market Insight: Hope for the Best; Prepare for Everything Else

July 27, 2017

Allan Dunlavy, partner at the international reputation and privacy consultancy, Schillings, explains why authenticity, preparation and speed are the keys to defending your reputation and demanding your privacy.

FB Roundup: Mowery, Grosvenor, and Schillings

July 20, 2017

Third-gen building firm leaves the family; Grosvenor build for ‘Generation Rent’; and Schillings hires three new partners

Third-gen building firm leaves the family

A US construction firm founded in 1925 has passed into the hands of its first non-family owner.

But the man taking the reins at Pennsylvania’s Mowery, David Cross, is no stranger to the business having been involved with it for more than 30 years. He was made president in 2015 as part of former third generation owner Don Mowery’s succession plan.