Risks that once felt rare or exceptional are now part of daily decision-making for affluent households. This reality doesn’t just affect portfolio values but influences how households should evaluate and manage the risks tied to their assets, properties, and lifestyles. For the high-net-worth households, it’s no longer about buying more insurance policies. It’s also about achieving risk readiness—knowing what risks you’re comfortable carrying and how to stay intentional as conditions change.
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The ability to perform financial transactions online offers tremendous convenience, but also exposes assets to theft and cyber fraud. In addition, the internet of things (IOT) which connects home security systems and other smart devices, creates another access point to personal information and assets. As new technology surfaces, the need to protect accounts, home networks, and family members from cyber hazards grows exponentially. With these proactive best practices, you can limit your personal cyber exposure risk.
In this “Two Byte Conversations” podcast episode, attorney Kevin Angle and Aaron Mendelsohn discuss the ins and outs of building a privacy program and how to work with internal stakeholders and clients to build trust and respect. They also talk about Mr. Mendelsohn’s book, Operationalizing Data Protection & Privacy, his experience teaching cybersecurity and privacy law at Cleveland State University, and their views on what makes an effective legal counselor and privacy officer.
With fraudulent activities on the rise and the potential for severe financial and reputational damage, board members must remain vigilant and proactive. By reexamining the board’s role in fraud prevention, detection, and mitigation in an age of disruption, this practical guide is crafted to assist board members in their mission to be proactive, diligent, and equipped with the knowledge and strategies necessary to uphold the highest standards of corporate governance.
With the ongoing shift from disaster recovery to continuous operations for businesses, it represents more than a technical upgrade—it’s also about how organizations approach risk management, operational planning, and incident response. Addressing the changes, we explore how data center owners and developers can build comprehensive business continuity plans that avoid detrimental down time and mitigate costly compliance violations.
In an unprecedented escalation of operational risk, the U.S. government shutdown has forced the Federal Aviation Administration and the Department of Transportation to warn of potential airspace closures and a reduction of commercial flights that can affect roughly 40 major U.S. airports, including Atlanta, Los Angeles, Dallas, New York, and Chicago. Private travel and aviation can also be affected if airspace closures occur.
A growing number of states, including Florida and Texas, have enacted laws limiting the rights of persons associated with countries of concern in areas such as purchase and ownership of real property, travel, data handling and storage, and donations. Focusing on a key case, alongside other case law bearing on limitations on persons from foreign countries of concern, there’s a clear need for affected businesses and investors to stay vigilant regarding compliance with both state and federal regulations.
Having the right insurance coverage is often a challenge for high-net-worth individuals and families, who have unique financial and lifestyle challenges and needs that include securing coverage for their directors and officers, complex and diverse assets, cybersecurity, and more. In this interview with Ethan Lenz, partner and chair of the Foley & Lardner’s insurance practice group, learn more about the unique insurance considerations and risks that go beyond the standard insurance policies in the marketplace.
Driving offers freedom and flexibility, but it also comes with real risks—especially for younger generations facing higher accident rates, rising repair costs, and escalating premiums. This guide explains today’s auto insurance market in clear terms and outlines the types of coverage available, from liability and collision to comprehensive and gap insurance. It also offers practical steps for reducing risk, managing costs, and knowing when to update your policy.
This guide helps rising generations of legacy wealth navigate international travel with greater confidence and security. It highlights common risks faced abroad—from medical emergencies to theft of luxury items—and provides practical steps to mitigate them before and during a trip. Tailored for affluent families, this resource also covers insurance considerations, safety planning, and digital security, offering actionable checklists and resources.