Hackers continually evolve their attack methodologies to penetrate corporate networks. They have found, for instance, that targeting key executives is an efficient way to gain entry. When executives are on work devices or corporate networks, they are protected from cyber attacks by their companies’ cybersecurity teams. When off network (e.g.
, at home or on personal devices), however, many lack even the most basic controls and protections. Why penetrate a $10-million system of firewalls, intrusion detection/prevention systems, privileged access management systems and behavior-based anti-malware controls when a hacker can target a $100 home router or computer with no security enabled? In a guest article, BlackCloak founder and CEO Dr. Chris Pierson explains how the home is the next battlefield in the war on financial institutions; defense companies; family offices; hedge funds; and other centers of wealth and influence. He explores the cyber-crime landscape, describes how hackers can infiltrate asset managers through their executives and suggests controls to mitigate those risks. See “Beware of False Friends: A Hedge Fund Manager’s Guide to Social Engineering Fraud
” (Mar. 8, 2018).