How cyber fraud threatens high-net-worth clients and what brokers need to know

How cyber fraud threatens high-net-worth clients and what brokers need to know

White Papers

Cyber-enabled fraud has become one of the most consequential financial risks facing affluent individuals and families, and brokers are on the front line. According to the FBI's Internet Crime Complaint Center (IC3), cyber-enabled fraud categories accounted for approximately 85% of all reported cybercrime losses in the most recent annual reporting period, with total losses approaching $17.7 billion. Investment fraud, business email compromise (BEC), and tech support fraud, the categories that disproportionately affect high-net-worth individuals, represented more than $13.8 billion of that total. For brokers and risk managers with affluent client books, this is no longer a peripheral concern.

This 2026 white paper from Tokio Marine HCC - Cyber and Professional Lines Group, a member of the Tokio Marine HCC group of companies based in Houston, Texas, delivers a data-backed examination of the financial and operational impact of personal cyber events on high-net-worth families. Drawing on reports from the FBI IC3, the Federal Trade Commission (FTC), Deloitte, and the National Association of Insurance Commissioners (NAIC), it gives brokers a clear view of the threat landscape, the gaps in most clients' current risk programs, and the criteria that distinguish a well-structured personal cyber policy from one that will fall short when it matters most.

Key Takeaways:

  • Why high-net-worth families and family offices are strategic targets, not opportunistic ones
  • The scale of investment fraud, BEC, and tech support fraud impacting affluent individuals
  • How social media and artificial intelligence are amplifying personal cyber exposure
  • The full cost of a cyber event beyond direct financial loss, including forensic, legal, and reputational expenses
  • Key criteria for evaluating personal cyber coverage structures for complex family situations

Your clients' exposure is growing. Download the white paper now and bring sharper, more informed conversations to your most important client relationships.

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