Citi Private Bank has released a report created to help family offices manage potential privacy concerns that face the wealthy families they serve. The report states due to a large amount of valuable information on wealthy families, it is vital for family offices to take the proper steps to prevent any incidents from occurring. Citi Private Bank recommends family offices conduct an audit to map out all the information in a family’s possession and whether the data could potentially be lost in a breach, as well as the likelihood of an incident taking place.  
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