www.privateairny.com Private Air | Summer 2023
69
WEALTH MANAGEMENT
An estimated 30,000 websites are hacked
globally daily, with 43% of all cyberattacks
targeting small businesses. Such is the scale of
the issue that a cyberattack occurs every 39
seconds and costs $10.5 trillion each year*.
PROTECT
YOUR
WEALTH
ONLINE
Words by: Muriel Pénoty
A
ltoo, a Swiss wealth-
tech company
operating an
independent wealth
management platform founded
in 2017 by asset owners with
years of experience managing
multi-generational capital,
empowers wealthy individuals
and their families to consolidate
and interact intuitively with their
total wealth. eir advanced
wealth aggregation management
system is working to change the
tide of cybersecurity threats with
industry-leading systems and
monitoring. Amongst its many
pioneering features include three-
factor authentication.
"e cybercrime industry is on a
steep rise, as many studies show,
and it is now a multi-billion
market," says Stefan iel, CTO
of Altoo. "With the Internet of
ings, and an ever-increasing
number of devices reachable by
the internet, from everywhere by
everyone, the potential threats
become even more manifold.
Organizations must implement
even more robust cybersecurity
measures to prevent sophisticated
attacks."
