Baby Boomers: It’s the largest transfer of wealth in history. It just may be not be to your children

Baby Boomers : It’s the largest transfer of wealth in history.

 

Baby boomers control half the nations wealth – much of it in the form of family companies and SMEs. Experts say the next decade will see the largest inter-generational transfer of wealth in history. It just may not be to whom you intended.

It’s the loss of industrial information and intellectual property through cyber espionage constitutes the greatest transfer of wealth in history. There is a risk your life’s work building a business (and your retirements savings with it), are sold to the highest bidder on the Dark Web rather than to a trade buyer or transferred to the next generation in your family.

Recent stories like the hack of Marriott seem far removed from the risks faced by SMEs. But just like Marriott your brand, customers and data are your most valuable asset. As the big end of town tightens their defences against cyber threats, the perpetrators are looking for easier targets.

We recently gave business owners a behind the scenes look at how the world ended up here, who is behind this multi-dimensional threat to their business, and why they should take steps to protect their most valuable asset.

You can download the full presentation here:

https://drive.google.com/file/d/1J3-Gb4NQlxNsPA4HjOCmRhk1jMPo_yxe/view?usp=sharing

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