Private Air New York Magazine
Issue link: https://privateair.uberflip.com/i/578146
www.privateairny.com Private Air New York | Fall 2015 65 SECURITY NOTHING LIKE SECURITY A TRIBUTE TO SAFETY THE SECURE APPROACH Safety and security for your home, business, family, valuables, and when traveling, is paramount and should be on the front burner for everyone, particularly high net worth individuals Being smart about security options available will let you keep up with the ever-shifting needs of staying safe in today's world By: Johnny Duncan S afe and Secure Having the resources to experience new things and enjoy so much can make it easy to forget that it is still a dangerous world we live in. Regardless of the size of your portfolio or estate, it is wise to keep your family, home, and assets protected. at is why more and more of the wealthy are seeking advice on managing the security of their homes, their staff, their travel, and their privacy. is surge in demand is causing new security companies to sprout up offering clients a wide range of services to protect what they've accumulated during their journey to success. Some services may be warranted while others may not apply at this moment, but all are worthy of review. Secure at Home Home security systems have been around since shortly after World War I when insurance companies began offering premium discounts to insurers who had homes equipped with alarm systems. ese alarm systems consisted of "door shakers," a group of night watchmen who would shake subscribers' doors at night to ensure they were locked. e shakers are gone replaced by high-tech alarms, safe rooms, watchdogs, and notification systems, but unfortunately, some form or security is needed in today's world. Generally, not much daily thought is given by high net worth individuals to all that could be lost due to unprotected homes. Most of us are simply not wired to think like a bad guy, but security experts tell us that is what it takes in order to protect valuable assets. "Leaks," as they are called in the security business, are areas that can and should be fixed and are usually easy to do. For example, most crimes affecting the wealthy are the result of inside jobs by home contractors, domestic staff, and people brought into the family's circle of trust. Also, providing private information to public organizations on a routine basis, careless online behavior, and a lack of emergency planning can result in massive losses and even injury or death. "Insiders represent one of the greatest risks to high net worth individuals and families," says Stephen Grant, Chief Communications Officer for Hillard Heintze, an investigation, risk, and security management company. "ese are staff, vendors, and even relatives and friends with an "inside" view of the family's assets and customs. ey occupy a position of trust and access and, in some cases, may leverage

