On the podcast “Watching Your Wealth” (The Wall Street Journal, 18 July 2017), Jordan Arnold discusses how the wealthy are being targeted by cyber criminals and what they can do to stay safe.

According to Jordan, “With data essentially as an asset, cyber criminals are certainly seeking to obtain private information and use it for leverage against these types of clients. . . . You see the common schemes still occurring but you’re also seeing ever more privacy treated as an asset in and of itself.” He notes the importance of taking extra care with privacy concerns: “We’re seeing ever more now our clients asking us to perform due diligence on their trusted third parties—folks like lawyers, accountants, and others who are the holders of their very private information—making sure that their cybersecurity practices are best practices and ensuring that [the client is] not being made vulnerable by the people they’re trusting and relying upon.”

Listen to the full podcast.