Wealth management firms and family offices handle investment portfolios, estate documents, tax strategies, and the personal financial data of high-net-worth individuals — a combination that makes them prime targets for both financially motivated cybercriminals and nation-state actors interested in economic intelligence. SEC Regulation S-P, the FTC Safeguards Rule, and state-level fiduciary obligations require wealth managers to implement safeguards over client data that Zero Trust access controls, privileged session recording, and identity governance directly satisfy.
Related: Financial · Investments · GLBA · Privileged Access · Identity Governance & Admin