Tag: UHNW

Geofencing Liability refers to the security and privacy risks created by the widespread use of location-aware technology and automated systems in UHNW life. This includes smart home systems, luxury vehicle tracking, and even children’s location-sharing apps, all of which create a precise, real-time map of the principal’s global movements. Geofencing can be done in multiple… Continue reading Invisible, Until You’re Not: Geofencing Liability in UHNW Life

Definition: This occurs when a UHNW principal grants permanent, un-monitored remote access to a third-party vendor (e.g., a smart home installer, AV specialist) for maintenance.. The Problem UHNW homes rely heavily on integrated smart technology (Crestron, Lutron, high-end security systems). These systems are installed and maintained by specialized, non-IT vendors who require permanent, remote access… Continue reading The Trusted Vendor Trap: Why Non-IT Vendors Can Open Up Your Home to Hackers