By Riley Burridge
Are you worried about your personal information being stolen, but unsure how to protect yourself? If not, you ought to be! Do you feel like hackers are always one step ahead? They usually are…
If you’re feeling this anxiety, there is a way to both strengthen your defenses and reduce your stress.
Cybersecurity concierges are professionals dedicated to safeguarding sensitive information. Their services often include personalized security assessments, data scrubbing, digital footprint monitoring, and intervening when threats arise.
This level of protection is most valuable for individuals with at least $5,000,000 in assets and complex financial lives. If you hold accounts across multiple institutions or simply want peace of mind that your wealth cannot be stolen in a single attack, consulting a cybersecurity concierge may be a good idea.
The cost of these services depends on the level of protection you choose. Entry-level plans start at around $1,000 per year, providing monitoring and basic safeguards. More advanced programs, which can run into the tens of thousands annually, offer continuous monitoring, proactive defense against evolving threats, and immediate response when issues arise. Just as you tailor insurance or estate planning to fit your needs, cybersecurity concierge services can be scaled to match both your exposure and your desired level of peace of mind.
“Lauren”, one of our clients who hadn’t utilized a cybersecurity concierge, was just days away from a long-anticipated trip to Europe, her mind filled with packing lists and last-minute travel details. In the middle of the chaos, her phone buzzed with a call from an unfamiliar number. A recorded voice asked her to confirm a password change on her email account. Distracted and eager to move on with her day, she quickly responded. She did not realize that this simple action had just opened the door to a sophisticated cyberattack.
Within hours, her phone service was cut off. Her number was ported to another provider and her device could no longer be used for two-factor authentication. Email and financial accounts were suddenly at risk. Instead of enjoying her vacation over the ensuing weeks, she spent many hours on the phone freezing accounts, scrambling to recall what needed to be secured, and battling the overwhelming sense of vulnerability. It took weeks to fully restore her phone number and email. Even after access was regained, the emotional toll lingered.
Ask yourself: if this happened to you, how long would it take before you felt safe again?
Nearly 40 percent of cybersecurity concierge clients were hacked before they sought help. Why wait until after a breach? For high-net-worth individuals, investing in a tailored service that protects both wealth and peace of mind is a prudent choice.
If Lauren’s story resonates with you, consider booking a consultation with The Wealth Conservancy. We can help you choose your own cybersecurity concierge service to fit your needs.
Disclaimer: The events and characters in this article are based on real people and occurrences, but certain details have been altered or fictionalized to protect privacy and maintain confidentiality. Any resemblance to actual persons or events is unintentional and purely coincidental.