Uniquely exposed: How ultra-high net worth individuals are targeted by cyber crimes

'UHNWIs also have to be conscious that attacks against them can originate through their professional advisers'

clock • 4 min read

Criminals are becoming more experienced and skilled at social engineering techniques which can develop a digital clone of UHNWIs, writes lawyer Daniel Gore

Ultra-High Net Worth individuals (UHNWI) are increasingly becoming targets of sophisticated criminal attacks using a range of different methods. Whilst physical attacks, such as kidnappings and burglaries, are still methods employed by criminals to attack UHNWIs and their families, cyberattacks have become an equal or, perhaps, greater focus due to the increased reliance on technology to operate and manage personal lives and commercial activity.  The practical reality is that it is easier for individual perpetrators or criminal organisations to target UHNWIs from a location thousands ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Closing the advice gap: The case for attitudinal targeted support

Closing the advice gap: The case for attitudinal targeted support

TISA’s Sophie Legrand-Green on a ‘significant’ way to influence consumer behaviour

Sophie Legrand-Green
clock 14 May 2026 • 4 min read
Women in Financial Advice Awards 2026: All the nominations!

Women in Financial Advice Awards 2026: All the nominations!

More than 1,150 women from 450 firms were nominated for WIFA 2026

Professional Adviser
clock 14 May 2026 • 29 min read
UK IFA deal numbers hit 'new peak' in 2025

UK IFA deal numbers hit 'new peak' in 2025

Deals rose from 50 to 133 between 2020 and 2025

Sophia Panayi
clock 12 May 2026 • 4 min read